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01/2/15 - $2.20
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evraz plc (EVRZF) Details

EVRAZ plc, together with its subsidiaries, manufactures and sells steel and related products. It operates in four segments: Steel Production, Mining, Vanadium Products, and Other Operations. The company provides flat products, including steel plates, coils, and structural tubing products that are used in the construction of liquid storage tanks, vessels, bridges, rail cars, and armors; and coils and plates used in manufacturing tubular products; tubular products, such as large-diameter pipes that are used for oil and gas pipelines, and small-diameter welded and seamless pipes for down-hole drilling and collection of oil and gas; long products, including railroad rails, rods, and bars that are used to make wire products; and round billets, which are used in the production of other long products and tubular products. It is also involved in the mining and enrichment of iron ore; and mining, processing, and sale of coking coal. In addition, EVRAZ plc produces and sells vanadium products, such as vanadium pentoxide, ferrovanadium, oxide vanadium product, vanadium alloys, vanadium halide, modified vanadium oxide, Nitrovan, and specialty vanadium chemicals. Further, the company is engaged in heat and energy-generation, seaports, shipping, trading, and logistics businesses. It has operations in the Russian Federation, Canada, the United States, Ukraine, Italy, Kazakhstan, the Czech Republic, and South Africa. The company was founded in 1992 and is based in London, the United Kingdom. EVRAZ plc is subsidiary of Lanebrook Limited.

105,128 Employees
Last Reported Date: 04/9/14
Founded in 1992

evraz plc (EVRZF) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: $4.9M
Compensation as of Fiscal Year 2013.

evraz plc (EVRZF) Key Developments

POSCO Reportedly In talks To Sell United Spiral Pipe

POSCO (KOSE:A005490) is in talks to sell its 35% stake in United Spiral Pipe, LLC to EVRAZ plc (LSE:EVR) for about $150 million, MK News reported citing industry.

EVRAZ plc Announces Consolidated Production Results for the Fourth Quarter and Full Year 2014

EVRAZ plc announced consolidated production results for the fourth quarter and full year 2014. For the quarter, crude steel output stable was 3.9 million tonnes per quarter. Production of steel products, net of re-rolled volumes, increased by 6%, mostly driven by a 31% increase in production of semi-finished products due to higher shipments of more profitable export billets and slabs· Production of tubular products in North America increased by 6%, mostly driven by strong market demand for large diameter pipe and operational improvements at OCTG facilities· Consolidated raw coking coal output and production of coking coal concentrate increased by 12% and 8% respectively due to strong performance of the Raspadskaya coal company. For the year, crude steel production and output of steel products, net of rerolled volumes, decreased by 4% and 5% respectively, mostly as a result of the disposal in April 2014 of EVRAZ Vitkovice Steel in the Czech Republic and the shutdown of EVRAZ Claymont operations in the USA at the end of 2013 as part of the group wide optimization plan.

EVRAZ plc Announces New Appointment

EVRAZ plc announced the appointment of Vladislav Zhukov to the position of Managing Director, EVRAZ KGOK (Kachkanar Iron Ore Enrichment Plant), and Vyacheslav Sarayev to the position of Managing Director, EVRAZ NMTP (Nakhodka Trade Sea Port), effective January 16, 2015. Vladislav Zhukov, previously the Managing Director of EVRAZ NMTP, in his new role will be responsible for implementing the long-term development plan for EVRAZ KGOK, focusing on reducing the operational costs, enhancing efficiency of CAPEX spending and increasing the company's profitability. Vyacheslav Sarayev prior to this appointment led development of the Mezhegeyskoye coalfield. In his new role he will continue shaping and implementing the development strategy for EVRAZ NMTP. Among the priorities are enhancing the company's efficiency, increasing the handling volumes, including external cargos, broadening the range of services offered, increasing the operational efficiency and reducing the costs.


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