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EVRAZ plc (EVRE.L)

EVRE.L on London Stock Exchange

259.10GBp
18 Aug 2017
Change (% chg)

1.30 (+0.50%)
Prev Close
257.80
Open
255.80
Day's High
260.20
Day's Low
253.60
Volume
1,193,478
Avg. Vol
2,543,549
52-wk High
280.64
52-wk Low
123.70

Latest Key Developments (Source: Significant Developments)

Evraz Plc says CFO resigns
Tuesday, 5 Jul 2016 12:12pm EDT 

Evraz : Evraz plc announces senior management changes . Pavel Tatyanin's, CFO, resignation, effective July 20, 2016, . Chief Financial Officer (CFO) of Evraz, submitted his resignation .Giacomo Baizini, CFO of Evraz Group S.A., will serve as interim chief financial officer, effective immediately.  Full Article

Bushveld Minerals says Vametco deal to complete on or before July 15
Monday, 20 Jun 2016 02:27am EDT 

Bushveld Minerals Ltd : Update on conditional purchase agreement with Evraz for Vametco . Bushveld and Evraz have agreed that completion of initial tranche shall be delayed .Now expect completion to take place on or before 15 July 2016..  Full Article

Russia's VTB bank extends $300 mln credit line to Evraz unit
Thursday, 12 May 2016 04:24am EDT 

Bank VTB says: VTB bank has extended a $300 million, multi-currency credit line to EVRAZ ZSMK, part of Evraz Group , for seven years; . The credit line will be used to refinance existing debt. Further company coverage: [VTBR.MM] [EVRE.L] (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

EVRAZ sees stable steel production in 2016 - Reuters
Tuesday, 15 Mar 2016 08:08am EDT 

EVRAZ:Plans to keep 2016 steel production at the same level as in previous year - Reuters.In 2015 company production fell 8 percent to 14.3 million tonnes.  Full Article

Evraz plc signs contract with Danieli & C Officine Meccaniche SpA- Reuters
Wednesday, 21 Oct 2015 08:00pm EDT 

Danieli & C Officine Meccaniche SpA:Evraz signs contract with Danieli & C Officine Meccaniche SpA for technical modernization of the slab continuous casting machine into a billet casting machine at its West-Siberian Metallurgical Plant- Reuters.Total investments into the upgrade will exceed 4.5 billion rubles.Danie li to produce and deliver the equipment for refurbishment, mount and fine-tune all its parts in 2017-2018.The upgrade project, estimated for completion in 2018, will significantly increase production efficiency by cutting production costs.  Full Article

Fitch affirms EVRAZ plc at BB-
Tuesday, 15 Sep 2015 07:43am EDT 

EVRAZ plc:Fitch Ratings has affirmed Russia-based Evraz Group SA's (Evraz Group) and holding company Evraz plc's (Evraz) long-term issuer default rating (IDR) at BB-.The ratings of Evraz's 82 pct owned subsidiary, Russian coal company OAO Raspadskaya, have also been affirmed at B+.The outlook on all ratings is stable.Evraz Group's senior unsecured rating of BB- has also been affirmed.The rating affirmation reflects Evraz's ability to generate positive free cash flow (FCF) through the steel market cycle.Fitch expects this trend to continue in 2H15, assisted by the favourable foreign exchange impact on rouble-denominated costs.  Full Article

UPDATE 2-Evraz doubles H1 profit, to pay first dividend since 2014

MOSCOW, Aug 10 Russian integrated steel and mining company Evraz reported a doubling in first-half core profits on Thursday and proposed its first dividend since 2014, with results buoyed by higher coking coal and steel prices.