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EVRAZ plc (EVRE.L)

EVRE.L on London Stock Exchange

579.60GBp
1:23pm IST
Change (% chg)

4.00 (+0.69%)
Prev Close
575.60
Open
579.00
Day's High
582.00
Day's Low
576.80
Volume
303,991
Avg. Vol
2,253,115
52-wk High
674.00
52-wk Low
435.50

Latest Key Developments (Source: Significant Developments)

Evraz Says Qtrly Total Steel Product Sales Rose By 8.4 Pct
Monday, 29 Apr 2019 

April 29 (Reuters) - EVRAZ plc ::EVRAZ Q1 2019 TRADING UPDATE.IN Q1 2019, EVRAZ' CONSOLIDATED CRUDE STEEL OUTPUT CLIMBED BY 12.4% QOQ TO 3.5 MILLION TONNES.QTRLY TOTAL STEEL PRODUCT SALES ROSE BY 8.4% QOQ, DRIVEN BY HIGHER CRUDE STEEL PRODUCTION..QTRLY SALES OF SEMI-FINISHED PRODUCTS SURGED BY 29.0%, PRIMARILY DUE TO INCREASED PIG IRON AND CRUDE STEEL OUTPUT.IN Q1 2019, EXTERNAL SALES VOLUMES OF COKING COAL PRODUCTS DECLINED BY 4.1%.QTRLY SALES OF VANADIUM PRODUCTS FELL BY 5.3% QOQ, DUE TO SHARP DECLINE OF DEMAND FROM AUTOMOTIVE INDUSTRY, HIGH STOCK LEVELS AT STEEL MAKERS.  Full Article

Russia's Evraz redeems all outstanding 2020 Eurobonds
Friday, 26 Apr 2019 

April 26 (Reuters) - Russian steel producer Evraz says: :It is exercising its option to redeem all of its outstanding Eurobonds due in 2020 .The redemption date will be May 28, 2019.The size of the premium Evraz will pay to the note holders will be announced separately.Evraz announced the redemption of $580 million worth of these notes in March. $119 million worth of the notes remained outstanding.Evraz used proceeds from its new $700 million Eurobond due in 2024 to redeem the 2020 notes nFWN21E08G.  Full Article

Russia's Raspadskaya says board approves share buyback
Friday, 26 Apr 2019 

April 26 (Reuters) - Russian metallurgical coal producer Raspadskaya says::The board of directors has approved a share buyback at 141 roubles ($2.18) per share..Raspadskaya, a unit of Russian steel giant Evraz <<>>, also said that the board had approved a buyback of up to 20.4 million shares..  Full Article

Russia's Evraz to buy back $581 mln of its 2020 Eurobond
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Russian steel producer Evraz says: :About $580.5 million of principal amount of notes RU0808638612=MM due on April 22, 2020, was accepted for purchase by Evraz at a price of $1,037.50 per $1,000 in principal amount of the notes..About $119.5 million of the notes will be outstanding following the settlement of the tender offer which was launched on March 18. nFWN21507J.Earlier on Wednesday, Evraz announced pricing of a $700-million Eurobond due in April 2024. nFWN21E08G.  Full Article

Evraz Announces Pricing Of $700 Mln Note Issue
Wednesday, 27 Mar 2019 

March 27 (Reuters) - EVRAZ plc ::EVRAZ ANNOUNCES PRICING OF U.S.$700M NOTE ISSUE.PRICED A U.S.$700 MILLION NOTES ISSUANCE WITH MATURITY IN APRIL 2024, COUPON RATE OF 5.25% PER ANNUM.INTENDS TO USE NET PROCEEDS OF ISSUE TO REFINANCE EXISTING INDEBTEDNESS, FINANCING OF PURCHASES OF NOTES TO COMPLETE ITS TENDER OFFER.  Full Article

Evraz Investors To Sell About 25.4 Mln Shares Of Co
Monday, 18 Mar 2019 

March 18 (Reuters) - EVRAZ plc ::EVRAZ PLC - INTENDED SALE OF EXISTING ORDINARY SHARES OF EVRAZ.EVRAZ - GREENLEAS INTERNATIONAL, ABIGLAZE LIMITED, CROSLAND GLOBAL, TOSHI HOLDINGS INTEND TO OFFER FOR SALE C.25.4 MILLION EXISTING ORDINARY SHARES OF CO.EVRAZ - PLACING WILL TAKE PLACE VIA AN ACCELERATED BOOKBUILD.EVRAZ - EVRAZ IS NOT A PARTY TO TRANSACTION AND WILL NOT RECEIVE ANY PROCEEDS FROM PLACING.  Full Article

Russia's Evraz plans 5-yr dollar Eurobond - source
Monday, 18 Mar 2019 

March 18 (Reuters) - Russian steelmaker Evraz ::Evraz has mandated J.P. Morgan, BofA Merrill Lynch, Gazprombank, ING and Sberbank CIB to organise a series of fixed income investor meetings in Zurich, Frankfurt, London, Moscow and the United States, starting on March 20, a financial market source said on Monday..Issuance of five-year dollar-denominated benchmark unsecured notes will follow subject to market conditions, the source said..  Full Article

Evraz Signs Deed Of Amendment In Relation To Long-Term Transshipment Agreement
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - EVRAZ plc ::EVRAZ PLC - AMENDMENT OF TRANSSHIPMENT AGREEMENT.EVRAZ - SIGNED A DEED OF AMENDMENT IN RELATION TO LONG-TERM TRANSSHIPMENT AGREEMENT.EVRAZ - DEED OF AMENDMENT WILL ALLOW CO TO MITIGATE TAKE-OR-PAY RISKS IN RELATION TO LTA.EVRAZ - DEED OF AMENDMENT WILL ALLOW CO TO GET POSSIBILITY TO TRANSSHIP ADDITIONAL VOLUMES OF COAL IN A STRATEGIC PATHWAY OF FAR EAST.  Full Article

Russia's Evraz Q2 crude steel output grew by 3.9 pct q/q
Thursday, 26 Jul 2018 

July 26 (Reuters) - Russia's steel producer Evraz says: :Its second-quarter consolidated crude steel output grew by 3.9 percent quarter on quarter to 3.5 million tonnes due to higher pig iron production;.Sales of finished products rose by 10.3 percent primarily due to stronger domestic demand for construction and railway products, as well as improved market demand in North America;.Its third-quarter crude steel output in North America is expected to be slightly higher while tubular product volumes should experience a 10-15 percent increase in volume, flat-rolled products should climb by 5-10 percent and construction products should remain strong..  Full Article

Russia's Raspadskaya reports 2017 net profit rising to $319 mln
Thursday, 22 Mar 2018 

March 22 (Reuters) - Russian coking coal miner Raspadskaya , a unit of Evraz Plc , says::Its net profit rose to $319 million from $185 million in 2016;.Earnings before interest, taxation, depreciation and amortisation (EBITDA) amounted to $455 million, from $204 million in 2016; .Revenues totalled $868 million, up 73 percent year-on-year;.Raspadskaya's board of directors recommended no dividend payments for 2017..  Full Article