sector: Basic Materials ·
industry: Steel ·
As of
25 Nov 2009
25.71USD
Evraz Group SA. (Evraz) is a vertically integrated steel and mining businesses with operations based in the Russian Federation, the United States, Canada, Ukraine, Czech Republic, Italy and South Africa. Evraz’s business is divided into three segments: steel production segment, comprising the production and sale of semi-finished and finished steel products, coke and coking products, and refractory products; the mining segment, comprising the production, enrichment and sale of iron ore and coal, and the vanadium segment, comprising the production and sale of vanadium products. Other operations include management, logistics and supporting activities. During the year ended December 31, 2008, Evraz produced 17.7 million tonnes of crude steel. Evraz’s assets comprise of nine steel plants, five iron ore mining and processing facilities and coal mining assets. In October 2009, the Company acquired Carbofer Metall, a steel distribution network, from Carbofer Group.
BRIEF: For the six months ended 30 June 2009, EVRAZ GROUP S.A.(EDR) revenue decreased 57% to $4.49B. Net loss totaled $987M vs. an income of $2B. Revenues reflect a decrease in income from Russia, Americas, Asia and Europe regions. Net income reflects a decrease in other operating income, the presence of loss on disposal of property vs. a gain, higher impairment of assets and the presence of revaluation deficit on property.
Evraz Group S.A.
1, Allee Scheffer
Luxembourg L-2520
P: +7495.2321370
F: +7495.2321359