Evraz Group (PRIVATE)

EVRAZ to Be Included in MSCI UK Index

Wednesday May 16th 2012 04:00:00 PM

17 May 2012 – EVRAZ plc (LSE: EVR) (“EVRAZ") is delighted to announce its inclusion in the MSCI United Kingdom Index, a constituent of the MSCI Global Standard Indices. The change will be implemented as of the close of 31 May 2012.

EVRAZ was admitted to trading on the Main Market of the London Stock Exchange on 7 November 2011 and began trading as part of the FTSE 100 Index on 19 December 2011.


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For further information:

Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

Interim Management Statement for the First Quarter Ended 31 March 2012

Monday May 14th 2012 04:00:00 PM

EVRAZ plc (LSE: EVR) (“EVRAZ” or the “Company”) today issued its first interim management statement for 2012 in accordance with DTR 4.3. Compared to the previous interim management statements issued by the Company, the format of this statement has been aligned to meet the requirements of the DTR 4.3 and to reflect existing practices of equivalent premium listed companies. Going forward EVRAZ plans to issue interim management statements on or around 15 April and 15 October each year along the operational results of the first and the third quarters respectively.


Each year EVRAZ publishes consolidated financial statements prepared in accordance with IFRS for the six months ended June 30 and for the year ended December 31.

Overview (1):

• Total steel product sales for the first quarter of 2012 amounted to 3.9 million tonnes, unchanged from Q1 2011.
• Revenue for the first quarter of 2012 remained in line with the same period in 2011 as prices and sales volumes were broadly flat.
•  The Company’s cost base increased due to the appreciation of the Russian Rouble.
• The Q1 2012 financial performance was broadly in line with the Q4 2011 performance.
• Total debt as of 31 March 2012 amounted to US$7,383 million (US$ 7,245 million as of 31 December 2011), including current portion of US$1,052 million (US$626 million as of 31 December 2011). The increase in total debt is mainly attributable to the Russian Rouble appreciation in Q1 2012 which gave a US$228 million effect.
• Cash and cash equivalents at the end of the period stood at US$453 million (US$801 million as of 31 December 2011), mainly due to an increase in working capital which is expected to be reversed by the end of Q2 2012.
• Capital expenditure amounted to US$310 million during the first quarter of 2012. On the whole, major capex projects (introduction of the PCI technology at the Russian steel mills, reconstruction of the rail mill at EVRAZ ZSMK, greenfield construction of two rolling mills in the CIS, development of the Yerunakovskaya VIII coking coal mine) remain on schedule and within budget.
• The Company is in the process of carrying out the following planned repairs and upgrades at certain assets that are expected to impact production volumes in Q2 2012:
  - Capital repairs at EVRAZ Russian steel mills’ blast furnaces: 17 days to BF 5 at EVRAZ NTMK (annual production capacity of 2.4 million tonnes of pig iron) in April and 12 days of BF 3 to EVRAZ ZSMK (2.2 mtpa) in June.
  - Shutdown for the final stage of the upgrade of the EVRAZ ZSMK rail mill that started in April and is expected to continue for five months. The upgrade will increase the mill’s rail production capacity from 720,000 tonnes to 950,000 tonnes, including up to 450,000 tonnes of high speed 100-metre rails.
  - Shutdown for the related upgrade of one of the two continuous casters at EVRAZ ZSMK (its capacity is expected to increase from 725,000 tonnes to 1 million tonnes of billets per annum) and a temporary shutdown of one of the two electric arc furnaces with an annual steelmaking capacity of 860,000 tonnes.
• In April 2012 Evraz Group S.A., a wholly owned subsidiary of EVRAZ plc, issued US$600 million five year notes at a coupon rate of 7.40% per annum.
• EVRAZ is due to release its interim results for the first six months of 2012 on 30 August 2012.
• EVRAZ will hold an Investor Day on 19 June 2012.

Financial Position:

EVRAZ has substantial financial headroom to support its operations and investment plans.
There have been no exceptional material events or transactions during the period and there have been no significant changes in the financial position of the Company since the publication of the Annual Report for the year ended 31 December 2011.

(1)The Q1 2012 production results as well as prices for major product groups were published on 16 April 2012 and are available on the Company’s website.

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For further information:

Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com


This interim management statement is unaudited and has been prepared solely to provide additional information to shareholders as a body to meet the relevant requirements of the UK Listing Authority’s Disclosure and Transparency Rules and should not be relied on by any other party or for any other purpose.

2012 Annual General Meeting Update

Monday May 7th 2012 04:00:00 PM

The notice of meeting for EVRAZ’s 2012 Annual General Meeting is now available for download here. Forms of proxy have been posted to shareholders at their registered addresses today.

For more information on EVRAZ’s 2012 Annual General Meeting, please click here.

EVRAZ Receives Award for Best Financial Disclosure Procedures in Europe

Wednesday May 2nd 2012 04:00:00 PM

3 May 2012 - EVRAZ plc (LSE: EVR) (“EVRAZ”) is pleased to announce that it has been named the best European company in the Best Financial Disclosure Procedures category in the 2012 IR Global Rankings (IRGR) survey during the award ceremony in New York.

It is the second time when the top award in the Best Financial Disclosure is presented to EVRAZ - the first award in this nomination was presented to EVRAZ in 2011 during the IRGR Ceremony held in London where EVRAZ received awards for the Best Financial Disclosure and Best Progress. In 2012 second to sixth places in the Best Financial Disclosure nomination were awarded to NLMK, EDP Energias de Portugal, Philips, BASF and Turk Telekom.

The analysis conducted by IRGR is based on the quality of the information provided on each participant’s latest financial material, mainly financial reports, earnings releases and interim reports, within the following categories: Operating Information, Income Statement, Balance Sheet, Cash Flow, Guidance, Conference Calls & Presentations, and Exemplary Disclosure. Once the technical evaluation has been completed, an independent technical committee oversees and reviews IRGR’s findings and final rankings to ensure the independence of such analysis.

“We are very pleased with the recognition of our efforts to increase transparency, and we remain committed to continuous improvement of our financial disclosure and investor relations standards”, commented Giacomo Baizini, Vice President Corporate Affairs and CFO of EVRAZ. “We are proud that we have been recognised the best among European companies, well known for best practices in financial disclosure and investor relations.”

For more information please see http://www.irglobalrankings.com

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For further information:

Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

Publication of Audited 2011 Annual Report and Accounts

Tuesday April 24th 2012 04:00:00 PM

Further to the preliminary announcement of its results for the year ended 31 December 2011, EVRAZ plc announces that it has today published its 2011 Annual Report and Accounts (the “2011 Annual Report”) for the same period.

The 2011 Annual Report is now available to view or download in a pdf format from the Company’s website at www.evraz.com and a copy has been submitted to the National Storage Mechanism, which will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

The 2011 Annual Report and the Notice of the Company’s Annual General Meeting, which will be held on 18 June 2012 in London, will be posted to shareholders on or around 8 May 2012.

A condensed set of the Company’s financial statements were included in the Company’s preliminary results announcement.

That information, together with the Appendix to this announcement, which is extracted from the 2011 Annual Report, constitutes the material which is required to be communicated to the media in unedited full text through a Regulatory Information Service for the purposes of compliance with DTR 6.3.5. It should be read in conjunction with and is not a substitute for the full 2011 Annual Report.

References to page numbers and notes to the accounts made in the following Appendices refer to page numbers in the 2011 Annual Report.

Please download the full version of press-release following this link.

To download the Annual Report and Accounts 2011 please follow this link

Organizational Changes within the Structure and Management of EVRAZ

Sunday April 22nd 2012 04:00:00 PM

EVRAZ plc (LSE: EVR) (together with the subsidiaries referred to as “EVRAZ” or “the Company”) announces organizational changes in the Company’s management. In order to improve and intensify management of key product groups the Company established a separate division for Railway Products. The new division  includes EVRAZ ZSMK, EVRAZ NTMK, EVRAZ NMTP sea port and EvrazTrans transport company. The new Railway Products Division will deal with production and sales as well as product development for railway applications.

All other EVRAZ ZSMK and EVRAZ NTMK shops, including those producing construction longs and other types of steel products, will remain within the Steel Division. Trading Companies EvrazHolding, East Metals AG and steel center EVRAZ Metall Inprom will also be merged into the Steel Division.

Ilya Shirokobrod has been appointed Vice President, Head of Division of Railway Products, with responsibility for production and sales of railway products, as well as purchasing of raw materials to supply the division's needs. Ilya will also chair the Management committee for railway products, thus providing for efficient worldwide coordination of EVRAZ’s global strategy in the rail segment. He previously held the position of Vice-President of Sales.

Ilya Shirokobrod joined EVRAZ in February 2010. He previously held managing positions in Centravis Limited, Alcoa CSI, Melitta Russland and Tetra Pak. In 2005 he gained Master’s degree from Stockholm School of Economics under International Executive MBA program.

Alexey Ivanov, Vice President, and Head of the Steel Division, will continue in his position with a substantial extension in the scope of his responsibilities. He will be responsible for production and sales of construction longs and other steel products, as well as purchasing of raw materials for this industry.

Mr. Ivanov joined EVRAZ in 2002. Previously he held various positions in ZAO Liggett-Ducat, OAO AB Incombank. He graduated from INSEAD in 2002. He has been a member of the Chartered Institute of Management Accountants since 2004.

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For further information:

Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

EVRAZ U.S.$600 million Note Issue – Prospectus Approval

Thursday April 19th 2012 04:00:00 PM

The following prospectus was approved today by the Financial Services Authority in its capacity as competent authority under the Financial Services and Markets Act 2000:

Prospectus dated 20 April 2012 relating to the U.S.$600,000,000 7.40% Notes due 2017 issued by Evraz Group S.A.

The notes referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") or any relevant securities laws of any state or other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.

This press release is only being distributed to and is only directed at (i) persons who are outside the United Kingdom, (ii) persons in the United Kingdom who have professional experience in matters related to investments and who are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order and (iv) any other persons to whom this press release may otherwise be lawfully directed (all such persons together being referred to as “Relevant Persons”). The notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer to sell or the solicitation of an offer to buy debt securities in the US or any other jurisdiction.

EVRAZ priced U.S.$600 million Note Issue

Tuesday April 17th 2012 04:00:00 PM

Evraz Group S.A., a wholly owned subsidiary of EVRAZ plc, together with EVRAZ plc announce that Evraz Group S.A. has priced a five year U.S.$600 million note at a coupon rate of 7.40% per annum. The notes will be issued by Evraz Group S.A.

The closing and settlement is expected to be completed on 24 April 2012.

Evraz Group S.A. intends to use the net proceeds of the issue to refinance existing indebtedness.

The notes referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") or any relevant securities laws of any state or other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.
This press release is only being distributed to and is only directed at (i) persons who are outside the United Kingdom, (ii) persons in the United Kingdom who have professional experience in matters related to investments and who are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order and (iv) any other persons to whom this press release may otherwise be lawfully directed (all such persons together being referred to as “Relevant Persons”). The notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer to sell or the solicitation of an offer to buy debt securities in the US or any other jurisdiction.

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For further information:

Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

EVRAZ Q1 2012 Operational Results

Sunday April 15th 2012 04:00:00 PM

EVRAZ Announces Preliminary Unaudited Financial Results for 2011

Tuesday March 27th 2012 04:00:00 PM

EVRAZ plc (LSE: EVR) (together with its subsidiaries referred to as “EVRAZ” or the “Group”), today announces its preliminary unaudited financial results for the year ended 31 December 2011.

2011 Highlights:

Financials:

• Consolidated revenue US$16,400 million (+22% vs. 2010)
• Consolidated adjusted EBITDA US$2,898 million (+23%)
• Net profit US$453 million (-4%)
• Operating cash flow US$2,647 million (+59%)
• Net debt US$6,442 million (-10% vs. 31 December 2010)
• Final dividend of US$228 million announced

Steel segment:

• Crude steel production 16.8 million tonnes (+3%)
• Total external steel sales volumes 15.5 million tonnes (+0%)
• Steel segment revenue US$14,717 million (+21%)

Mining segment:

• Iron ore production 21.2 million tonnes (+7%)
• Raw coking coal production 6.3 million tonnes (-16%)
• Steam coal production 3.0 million tonnes (-23%)
• Mining segment revenue US$3,784 million (+51%)

Vanadium segment:

• Primary vanadium (slag) production 20,741 tonnes (+0.4%)
• External vanadium product sales volumes 26,632 tonnes (+34%)
• Vanadium segment revenue US$665 million (+17%)

Corporate developments:

• Move to a Premium Listing on the London Stock Exchange
• Inclusion in the FTSE 100
• Appointment of Sir Michael Peat as Senior Non-Executive Independent Director
• Appointment of Alexander Izosimov as an Independent Non-Executive Director

Financial management:

• Issuance of US$850 million Eurobonds at a coupon rate of 6.75% due 2018
• Early redemption of US$622 million of 2013 Eurobonds
• Issuance of RUB20 billion (US$621 million) 5-year Rouble bonds at a coupon rate of 8.40%
• Conversion of US$650 million convertible bonds originally due in 2014 resulted in a US$553 million decrease of debt
• 5-year US$500 million credit facility signed with Gazprombank
• 5-year US$610 million revolving facility signed with a consortium of banks by North American subsidiary at record-low 1.5% to 2% over LIBOR
• Rating upgrades by Moody’s, Standard & Poor’s and Fitch to “Ba3”, “B+” and “BB-“ respectively

CAPEX:

• CAPEX in 2011 amounted to US$1,281 million compared with US$832 million in 2010
• Launch of Yerunakovskaya-VIII coking coal mine development
• Expansion of our largest iron ore mine KGOK started

Dividends:

• Under the revised dividend policy EVRAZ will target to maintain a long-term average dividend payout ratio of at least 25% of the consolidated net profit adjusted for non-recurring items, for the relevant period
• EVRAZ declares a gross final dividend of US$0.17/ordinary share of EVRAZ plc
• Ex-dividend date – 6 June 2012, record date – 8 June 2012; deadline for currency election – 11 June 2012; fixing of FX rate date – 22 June 2012; payment date – 9 July 2012.

Please download the full version of the press release here

Please download the presentation and conference call materials here

Notice of FY 2011 Results and Conference Call Details

Tuesday March 20th 2012 04:00:00 PM

21 March 2012 - EVRAZ plc (LSE: EVR) will release its preliminary  unaudited financial results for the year ended 31 December 2011 on Wednesday, 28 March 2012.

A webcast/conference call to discuss the results hosted by Alexander Frolov, CEO, and Giacomo Baizini, CFO, will commence on Wednesday, 28 March 2012 at:

3 pm (London Time)
6 pm (Moscow Time)
10 am (New York Time)

To join the webcast please register on-line at
http://webeventservices.reg.meeting-stream.com/60269_Evraz/

or dial

0 800 694 5763             in the UK (toll-free)
8 10 800 2446 2044      in Russia (toll-free)
1 866 966 9439             in the USA (toll-free)

+44 (0) 1452 589 328    International Dial-in

Conference ID 59926910

To avoid any technical inconveniences it is recommended that participants dial in 15 minutes before the event start time.

The playback will be available until 3 April 2012.

Participants requesting the playback should dial:
0 800 953 1533                 in the UK (toll-free)
1 866 247 4222                 in the US (toll-free)
+44 (0) 1452 55 00 00      International Dial-in

and enter the Code 59926910 followed by the # sign.

The FY 2011 results presentation will be available on the Company’s website http://www.evraz.com on Wednesday, 28 March 2012.


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For further information:
Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990
Moscow: +7 495 232 1370
ir@evraz.com

Independent Non-executive Director Appointment

Tuesday February 28th 2012 03:00:00 PM

EVRAZ plc (LSE: EVR) announces that Alexander Izosimov will join the EVRAZ Board with immediate effect as an Independent Non-executive Director. He will also become a member of Remuneration Committee of EVRAZ Board of Directors.

Alexander Izosimov has extensive managerial and board experience. In 2003-2011, he was President and CEO of VimpelCom, a leading emerging market telecommunications operator. In 1996-2003 he held various managerial positions at Mars Inc. and was Regional President for CIS, Central Europe and Nordics, and a member of the executive board. Prior to Mars Inc, Mr Izosimov was a consultant with McKinsey & Co. (Stockholm, London) (1991-1996) and was involved in numerous projects in transportation, mining, manufacturing and oil businesses.

Mr Izosimov currently serves on the boards of MTG AB, East Capital AB and Dynasty Foundation. He previously served as director and Chairman of the GSMA (Global association of mobile operators) board of directors, and was also previously a director of VimpelCom, Baltika Breweries, confectionery company Sladko, and IT company Teleopti AB.

Mr Izosimov graduated from the Moscow Aviation Institute and holds an MBA from INSEAD.
Commenting on the appointment, Alexander Abramov, Chairman of EVRAZ, said: “I am happy to welcome Alexander Izosimov to the EVRAZ board. I look forward to working with Alexander and hope that he will use his professional knowledge and life experience to the benefit of EVRAZ and in the interests of its shareholders.”

No further information is required to be disclosed in respect of Alexander Izosimov pursuant to Listing Rule 9.6.13R (1) to (6).

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For further information:

Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

Voting Rights and Capital as at 29 February 2012

Tuesday February 28th 2012 03:00:00 PM

Issue of Ordinary Shares

Thursday February 16th 2012 03:00:00 PM

17 February 2012 – EVRAZ plc (LSE: EVR) (the “Company”) announces that it has issued 869,469 new ordinary shares (the “New Shares”) to Mastercroft Finance Limited, a trustee of the EVRAZ plc Employee Share Trust, in consideration for 96,607 and two-thirds registered ordinary shares in Evraz Group S.A, which is now wholly-owned by the Company.
Application has been made for the New Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange (“LSE”). It is expected that admission to the Official List of the UK Listing Authority will become effective and unconditional dealings in the New Shares will commence on the LSE at 8 a.m. (London time) on Monday 20 February.

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For further information:

Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

Fifth and Final Closing of Share Exchange Offer and Cancellation of listing and trading of the GDRs

Tuesday February 7th 2012 03:00:00 PM

Further information is available for eligible persons at Share Exchange Offer.

Voting Rights and Capital as at 31 January 2012

Monday January 30th 2012 03:00:00 PM

This announcement is made in accordance with DTR 5.6.1

As at 31 January 2012 EVRAZ plc's issued share capital consists of 1,338,400,101 Ordinary Shares of US$1.00 each.

The total number of voting rights attaching to the Ordinary Shares of EVRAZ plc is therefore 1,338,400,101.

The above figure (1,338,400,101) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, EVRAZ plc Ordinary Shares under the FSA's Disclosure and Transparency Rules.



For further information:
Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990   Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998   Moscow: +7 495 937 6871
media@evraz.com

Fourth Closing and Extension of Share Exchange Offer to 7 February 2012

Thursday January 26th 2012 03:00:00 PM

Further information is available for eligible persons at Share Exchange Offer.

Moody's upgrades EVRAZ to Ba3, stable outlook

Thursday January 26th 2012 03:00:00 PM

EVRAZ plc (LSE: EVR) and Evraz Group S.A. (LSE: EVRZ) (together referred to as “EVRAZ”) welcome the upgrade by Moody's Investors Service of Evraz Group S.A.’s corporate family rating (CFR) to Ba3 from B1. The outlook of the rating was changed to stable from positive. Concurrently, the senior unsecured rating of Evraz Group's notes was upgraded to B1 from B2.

According to Moody’s, the upgrade and the stable rating outlook reflect the improving performance and financial metrics of EVRAZ over the last two years, in particular its stable and solid free cash flow, which has enabled to steadily reduce debt. Evraz Group’s CFR Ba3 “is supported by its strong market share in long steel products, cost-efficient asset base, vertical integration into iron ore and coal, and end-market and global diversification.”

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For further information:
Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

EVRAZ Q4 2011 and FY 2011 Operational Results

Monday January 16th 2012 03:00:00 PM

EVRAZ plc (LSE: EVR) and Evraz Group S.A. (LSE: EVRZ) (together referred to as “EVRAZ”) today released its operational results for the fourth quarter of 2011 and full year 2011.

FY 2011 HIGHLIGHTS:

• Crude steel production grew by 3% compared to FY2010 mainly due to an increase in volumes in the Czech Republic, resulting from the resolution of a pricing dispute with a supplier of hot metal while other major steelmaking assets continued to operate at full capacity
• Steel product mix shifted further in favour of finished goods
• Coking coal production decreased by 16% due to several longwall repositionings and temporary stoppages of some mines for additional implementation of safety equipment and procedures
• Prices for steel products and coking coal improved compared to the previous year.

Q4 2011 HIGHLIGHTS:

• Crude steel volumes increased by 3% quarter-on-quarter due to completion of scheduled maintenance in Q3 on the back of full utilisation of major steelmaking assets
• Share of semi-finished steel increased compared to Q3 due to seasonally lower demand for finished steel in Russia
• Coking coal production gained momentum in Q4 2011 after most of the issues negatively affecting performance of the first three quarters of 2011 were resolved
• Prices for steel products and coking coal contracted compared to Q3 reflecting negative seasonality and market volatility.
  

Please download the full version of press-release here

Voting Rights and Capital as at 30 December 2011

Thursday December 29th 2011 03:00:00 PM

This announcement is made in accordance with DTR5.6.1

As at 30 December 2011 EVRAZ plc’s issued share capital consists of 1,337,560,713 Ordinary Shares of US$1.00 each.

The total number of voting rights attaching to the Ordinary Shares of EVRAZ plc is therefore 1,337,560,713.

The above figure (1,337,560,713) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, EVRAZ plc Ordinary Shares under the FSA's Disclosure and Transparency Rules.

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For further information:

Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

Evraz NA Signs USD610 Million Revolving Facility

Tuesday December 27th 2011 03:00:00 PM

EVRAZ plc (LSE: EVR) announces the closing of a USD610 million five-year committed revolving credit facility for its US and Canadian wholly-owned subsidiaries ("EVRAZ NA"). The facility is an asset-based revolving credit line secured with the inventories and receivables of EVRAZ NA.

The funds will be used to re-finance the existing USD225 million and CAD300 million facilities, as well as for financing EVRAZ NA's working capital requirements and for other corporate purposes. Amounts drawn under the new facility will bear interest at floating rates with margins varying between 1.50% to 2.00% over LIBOR depending on the loan utilisation level, compared to between 3.25% and 4.25% over LIBOR on the refinanced facilities.

GE Capital Markets, Inc., GE Capital Markets (Canada) Ltd., Merrill Lynch, Pierce, Fenner & Smith Incorporated and UBS Loan Finance LLC acted as Joint Lead Arrangers and Joint Bookrunners for the transaction.

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For further information:

Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

EVRAZ to Upgrade Pueblo Rail Operations

Tuesday December 20th 2011 03:00:00 PM

21 December 2011 – EVRAZ plc (LSE: EVR) and Evraz Group S.A. (LSE: EVRZ) (jointly referred to as “EVRAZ”) today announced plans to upgrade its Pueblo, Colo. (United States) rail facility. The upgrades are primarily focused on product quality and operational improvements and are also intended to expand head hardened rail manufacturing capacity.

“As North American rail companies continually expand their networks, our customers are looking for world class head hardened rail to enable more tonnage to travel over their lines at a lower total cost,” said Pavel Tatyanin, Senior Vice President, Head of International Business, EVRAZ. “Our Pueblo facility is ideally suited to help fill this need, both in terms of its geographic location as well as the manufacturing expertise of our local team.”

The investment is scheduled to be complete by the first quarter of 2013 and will increase the mill’s total capacity by 10%, to almost 525,000 metric tonnes of premium rail annually. Improvements will be made in head hardening, quality, and straightness and the facility’s labs will be upgraded to increase the rate of product development. EVRAZ will continue to supply steel for the rail facility from its adjacent steel mill, which recently received a permit to expand production capacity.

“Embarking on this investment in our rail operations would not be possible without the recent approval by the state of Colorado of our revised air permit,” stated Mike Rehwinkel, President and CEO of EVRAZ North America. “This rigorous process has shown that we can produce world-class steel here in Colorado while being protective of the environment.”

EVRAZ Pueblo manufactures a comprehensive line of long products including head hardened rail, standard rail, premium rod and high quality coiled bar. EVRAZ Pueblo also produces seamless tube to support the expanding oil and gas sectors. 

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For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8990 Moscow: +7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 937 6871
ir@evraz.com

Intention to Cancel Listing of the Rule 144A GDRs

Monday December 19th 2011 03:00:00 PM

20 December 2011
Evraz Group S.A. (the “Company”)
Global Depositary Receipts (ISIN: US30050A1034) (the “Rule 144A GDRs”)

Pursuant to Listing Rule 5.2.8, and following the announcement by the Company on 11 November 2011 that it had served notice on The Bank of New York (the depositary) to terminate the deposit agreement in respect of the GDRs (the “Deposit Agreement”) and that it intends to terminate the GDR program and delist the GDRs concurrently with termination of the Deposit Agreement, the Company announces that it has applied for the cancellation of the listing of the Rule 144A GDRs on the Official List, which will result in the cancellation of trading of the Rule 144A GDRs on the London Stock Exchange, to take effect on 8 February 2012.

For further information:
Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

Intention to Cancel Listing of the GDRs

Thursday December 15th 2011 03:00:00 PM

Third Closing and Extension of Share Exchange Offer to 26 January 2012

Thursday December 15th 2011 03:00:00 PM

Further information is available for eligible persons at Share Exchange Offer.

EVRAZ plc to be included in FTSE 100 Index

Wednesday December 7th 2011 03:00:00 PM

8 December 2011 – EVRAZ plc (LSE: EVR) (“EVRAZ” or the “Company”) is delighted to announce its inclusion in the FTSE 100 Index of the UK’s leading public companies. In so doing it becomes the only steel and mining company in the UK FTSE All-Share Index. The Company will begin trading as part of the FTSE 100 Index on 19th December. EVRAZ plc was admitted to trading on the Main Market of the London Stock Exchange on 7th November 2011.

Alexander Abramov, Chairman of EVRAZ, said, “We are delighted to be included in the FTSE 100 Index, which, coupled with our recent admission to the Main Market of the London Stock Exchange, are marks of recognition by the capital markets of the strength and diversity of our assets, the quality of our management and the prospects of the business. FTSE 100 Index inclusion is particularly meaningful for us and represents another important step in the development of the Group continuing our ongoing commitment to high standards of corporate governance and to delivering outstanding returns for our shareholders.”

###

For further information:

EVRAZ plc Investor Contact:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

EVRAZ plc Media contact:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com

EVRAZ Consolidates Its European Steel Business

Wednesday December 7th 2011 03:00:00 PM

08 December 2011 – EVRAZ plc (LSE: EVR) and EVRAZ Group S.A. (LSE: EVRZ) (jointly referred to as “EVRAZ”) announce the intention to create EVRAZ Europe, a company that will consolidate all the European assets of EVRAZ including EVRAZ Vitkovice Steel a.s. (Czech Republic) and EVRAZ Palini e Bertoli Spa (Italy). This decision is another step in the implementation of a long-term strategy for EVRAZ European assets, which is to develop a single pan-European business, to improve the efficiency and profitability of operations, and to optimize business processes.

The new company will be led by Mr. Dmitrij Scuka who is appointed CEO EVRAZ Europe starting 2 January 2012. Dmitrij has a deep knowledge of EVRAZ European business, having joined the Company in 2009 as Director of Operations for European and African Assets responsible for the operations and transformation of three EVRAZ mills in Europe and South Africa. Prior to joining Evraz, Dmitrij held various positions in management consulting including the position of Partner in charge of the Enterprise Applications business unit for Deloitte Central Europe, and has a Diploma in Thermophysics/Nuclear Power Generation from Moscow Power Engineering University. Dmitrij’s appointment is a logical step in the further optimization of EVRAZ European operations.

Until EVRAZ Europe becomes fully operational, Mr. Scuka will also temporarily lead EVRAZ Vitkovice Steel as Mr. Zbynek Kvapik, CEO of EVRAZ Vitkovice Steel, tendered his resignation with effect from 02 January 2012, having decided to continue his career outside EVRAZ. “I appreciated the opportunity to work at EVRAZ, and am grateful for the experience and skills I acquired during my time at EVRAZ Vitkovice Steel” – said Mr. Kvapik.

“Zbynek Kvapik spent 28 years at Vitkovice Steel and later at EVRAZ Vitkovice Steel, and we very much value his input to our operations as well as his loyalty and commitment” – said Pavel Tatyanin, Senior Vice President, EVRAZ International Business, continuing; “I am pleased to congratulate Dmitrij Scuka on his new appointment and I am convinced that his successful track record in managing the main operational processes at our mills in Europe will ensure the further sustainable growth of EVRAZ’s European business”.

###

For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8990 Moscow: +7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370                                                               ir@evraz.com

Second Closing and Extension of Share Exchange Offer to 15 December 2011

Sunday November 27th 2011 03:00:00 PM

Further information is available for eligible persons at Share Exchange Offer.

Interim Management Statement for First Nine Months and Third Quarter of 2011

Monday November 14th 2011 03:00:00 PM

15 November 2011 – EVRAZ plc (LSE: EVR) and Evraz Group S.A. (LSE: EVRZ) (jointly referred to as “EVRAZ”) today issued a trading update for the first nine months and third quarter of 2011 for EVRAZ.

The information in this press release has been prepared in accordance with management accounting policies. Inter-company transactions have been eliminated in consolidation. This announcement does not contain sufficient information to constitute an interim financial report as defined in International Accounting Standard 34, “Interim Financial Reporting”. The following results may differ from financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”). The numbers in this press release have not been audited or reviewed.

EVRAZ publishes consolidated financial statements prepared in accordance with IFRS for the six months ended June 30 and for the year ended December 31, in each year.

Highlights:

• Revenue for the nine-month period ended 30 September 2011 was US$12,537 million (US$4,157 million in 3Q 2011)
• The nine-month of 2011 Adjusted EBITDA[1] was US$2,401 million (3Q 2011 EBITDA was US$772 million) with adjusted EBITDA margin of 19.2% (18.6% in 3Q 2011)
• Interest expense was US$551 million in the first nine months of 2011 (US$164 million in 3Q 2011)
• Total debt as of 30 September 2011 amounted to US$7,214 million, including US$672 million of short-term loans and current portion of long-term debt
• Cash and cash equivalents at the end of the period stood at US$578 million
• Capital expenditures amounted to US$945 million in the first nine months 2011 (US$483 million in 3Q 2011)
• Total steel products sales in the nine-month period ended 30 September 2011 amounted to 11.7 million tonnes (3.8 million in 3Q 2011)
• Iron ore sales volumes including intersegment shipments totalled 15 million tonnes (4.9 million tonnes in 3Q 2011)
• In the first nine months of 2011, coal sales including intersegment shipments were 6.9 million tonnes (2 million in 3Q 2011), including 1.4 million tonnes (0.2 million) of raw coking coal, 1.1 million tonnes of steam coal (0.4 million), 4.3 million tonnes (1.3 million) of coking coal concentrate and 0.1 million tonnes of steam concentrate (0 million)
  

Full version of the press-release can be downloaded here

Notice of Termination of Deposit Agreement and Cancellation of the Listing of Existing GDRs

Thursday November 10th 2011 03:00:00 PM

Extension of Share Exchange Offer to 24 November 2011.

Admission to Listing and to Trading on the London Stock Exchange.

Sunday November 6th 2011 03:00:00 PM

7 November 2011 - EVRAZ plc ("the Company") today announces that acceptances have been received from the majority of holders of shares and GDRs in Evraz Group S.A. pursuant to the share exchange offer that was launched by the Company on 17 October 2011, and that the entire issued ordinary share capital of the Company has today been admitted to the premium listing segment of the Official List of the FSA and to trading on the London Stock Exchange plc's main market for listed securities. Further information is available for eligible persons at Share Exchange Offer.

EVRAZ Signs US$500 Million Credit Facility with Gazprombank

Thursday October 20th 2011 04:00:00 PM

21 October 2011 - EVRAZ Group S.A. (LSE: EVR) ("EVRAZ") announces that its wholly-owned Russian subsidiary EVRAZ NTMK has signed an unsecured 5-year US$500 million credit facility agreement with Gazprombank (Open Joint-stock Company), a major Russian commercial bank.

As a condition precedent to borrowing the new loan, EVRAZ NTMK will prepay the existing US$300 million secured loan that was borrowed in May 2010. The new loan will be utilised for financing operating activities.

###

For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Group 3Q 2011 Operational Results

Sunday October 16th 2011 04:00:00 PM

17 October 2011 — EVRAZ Group S.A. (LSE: EVR) (“EVRAZ”) today released its operational results for the third quarter of 2011.

3Q 2011 HIGHLIGHTS:

• Steel production volumes increased by 4% year-on-year due to demand recovery, but decreased by 5% quarter-on-quarter mainly due to seasonal repairs
• Steel product mix shifted in favour of finished goods
• Coking coal production decreased due to longwall repositioning at two of our mines
• Prices for steel products and coking coal remained essentially flat

Please download the full version of the press-release here.

Share Exchange Offer and Premium Listing

Sunday October 16th 2011 04:00:00 PM

17 October 2011 - EVRAZ Group S.A. (the "Company") today announces that a recommended offer has been made by EVRAZ plc for the entire issued share capital of the Company. Upon closing of the offer, it is intended that EVRAZ plc will apply for admission to the premium listing segment on the Main Market of the London Stock Exchange. Further information is available for eligible persons at Share Exchange Offer.

EVRAZ Announces Audited Financial Results for 1H 2011

Tuesday October 11th 2011 04:00:00 PM

12 October 2011 – EVRAZ Group S.A. (LSE: EVR) today announces its audited interim results for the six months ended 30 June 2011.

1H 2011 Highlights:

Financials:

• Consolidated revenue US$8,380 million (+31% vs. 1H 2010)
• Consolidated adjusted EBITDA US$1,629 million (+41%)
• Net profit of US$263 million (+49%). Without the effects of one-off transactions net profit would have been US$494 million*
• Operating cash flow US$1,594 million (+114%)
• Net debt US$6,042 million (-15% vs. 31 December 2010)
• Short-term debt US$604 million (-15% vs. 31 December 2010)
• Interim dividend of US$89 million and special dividend of US$402 million announced

Steel segment:

• Crude steel production 8.6 million tonnes (+4%)
• Total external steel sales volumes 7.9 million tonnes (+3%)
• Steel segment revenue US$7,492 million (+29%)

Mining segment:

• Iron ore production 10.4 million tonnes (+8%)
• Raw coking coal production 3.6 million tonnes (-2%)
• Raw steam coal production 1.5 million tonnes (-37%)
• Mining segment revenue US$2,040 million (+82%)

Vanadium segment:

• Primary vanadium production 10,158 tonnes (-3%)
• External vanadium product sales volumes 11,088 tonnes (+6%)
• Vanadium segment revenue US$320 million (+10%)

Corporate developments:

• Launch of Yerunakovskaya-VIII coking coal mine development
• Capacity and product mix expansion in the North American tubular sector
• Improvement of Broad-Based Black Economic Empowerment (B-BBEE) contributor rating in South Africa from Level 8 to Level 5

Financial management:

• Issuance of US$850 million eurobonds at a coupon rate of 6.75% due 2018
• Early redemption of US$622 million of 2013 eurobonds
• Issuance of RUB20 billion (approx. US$710 million) 5-year Rouble bonds
• Conversion of US$650 million convertible bonds originally due in 2014
• Rating upgrades by Standard & Poor’s and Fitch to “B+” and “BB-“ respectively

CAPEX:

• CAPEX for 1H 2011 of US$462 million compared with US$397 million for 1H 2010
• CAPEX guidance for FY2011 is maintained at approximately US$1.2 billion

Dividends:

•  Dividend policy amended to pay not less than 25% of the adjusted consolidated net income
•  EVRAZ declares for the first time since 2008 an interim dividend of US$0.60 per share/US$0.20 per GDR (a total of US$89 million) and a special dividend of US$2.70 per share/US$0.90 per GDR (a total of US$402 million)
• Dividends record date – 28 October 2011; payment – no later than 30 days after the record date

Please download the full version of the press release here.
Please download the audited consolidated financial statements here.

* - One-off losses of US$231 million in 1H 2011 were caused by the conversion and early repurchase of debts

EVRAZ Appoints New Vice President, Vanadium Assets

Thursday October 6th 2011 04:00:00 PM

7 October 2011 – EVRAZ Group S.A. (LSE:EVR) ("EVRAZ") announces the appointment of Grigory Botvinovsky as Vice President, Vanadium Assets, following the retirement of Daniel Harris.

Reporting to Pavel Tatyanin, Senior Vice President, Head of International Business, Grigory Botvinovsky will be responsible for vanadium operations, global vanadium sales and trading, vanadium business development and investment. He will start his new role on 17 October 2011. Most recently, he has been CEO of East Metals, a Swiss-based EVRAZ global sales and trading arm. Grigory has over 11 years of experience with EVRAZ. He started with a commercial role at EVRAZ Nizhny Tagil Metallurgical Plant (EVRAZ NTMK). He then moved to East Metals to continue his commercial activities.

Alexander Frolov, EVRAZ CEO, said, “I would like to thank Mr Harris for his immense contribution to EVRAZ as it is under his leadership that the Company has grown into the world’s largest player in the vanadium market. The position of Vice President, Vanadium Assets is crucial for EVRAZ’s strategic commitment to grow our business. I am pleased to welcome Mr Botvinovsky to the EVRAZ senior management team and I am sure that we will continue to deliver value to our customers and serve their growing needs.” 

###

For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

Statement Regarding Equity Stake in Raspadskaya

Wednesday October 5th 2011 04:00:00 PM

6 October 2011 – Further to its statement of 11 March 2011, EVRAZ Group S.A. (LSE:EVR) ("EVRAZ") announces that due to high market volatility EVRAZ has discontinued ongoing negotiations on the potential sale of its 40% indirect equity stake in the Russian Coal producer OAO Raspadskaya (RTS, MICEX: RASP).

“Raspadskaya is a good quality asset and one of the best coking coal producers in Russia”, commented CEO of EVRAZ Alexander Frolov. “EVRAZ is fully supportive of the managing shareholders of Raspadskaya in the implementation of the Raspadskaya mine restoration programme and is confident that this programme will realise the full fair value of the asset. We consider the likelihood of us disposing of our stake in Raspadskaya over the next 12 to 18 months as low for the reasons already stated, although we do not rule out this possibility in the long term”, he added.

###

For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

Notice of 1H 2011 Results and Conference Call Details

Tuesday October 4th 2011 04:00:00 PM

5 October 2011 - EVRAZ Group S.A. (LSE: EVR) will release its audited financial results for the six months ended 30 June 2011 on Wednesday, 12 October 2011.

A webcast/conference call to discuss the results hosted by Alexander Frolov, CEO, and Giacomo Baizini, CFO, will commence on Wednesday, 12 October 2011 at:

6 pm (Moscow Time)
3 pm (London Time)
10 am (New York Time)

To join the webcast please register on-line at
http://webeventservices.reg.meeting-stream.com/20111012_Evraz/

or dial

499 922 8667                   in Russia
0 808 238 0673                in the UK (toll-free)
1 866 655 1591                in the USA (toll-free)
0 800 980 759                  in South Africa (toll-free)
+44 (0) 1452 569 335      International Dial-in

Conference ID 11733976

To avoid any technical inconveniences it is recommended that participants dial in 15 minutes before the event start time.

The playback will be available until 18 October 2011.

Participants requesting the playback should dial:
0 800 953 1533                  in the UK (toll-free)
1 866 247 4222                  in the US (toll-free)
+44 (0) 1452 55 00 00       International Dial-in

and enter the Code 11733976 followed by the # sign.

The 1H 2011 results presentation will be available on the Company’s website www.evraz.com on Wednesday, 12 October.

                                                                          ###

For further information:

EVRAZ Group
Director, Investor Relations
Alexander Boreyko
Tel: +7 495 232 1370
IR@evraz.com

 

Statement Regarding Timir Iron Ore Project

Sunday September 25th 2011 04:00:00 PM

26 September 2011 – EVRAZ Group S.A. (LSE:EVR) ("EVRAZ") notes media publications regarding the partnership with Russian diamond producer OAO Alrosa in the development of Timir iron ore project in southern Yakutia. EVRAZ confirms that it considers acquisition of 51% stake in this project and will refrain from further comments unless a binding course of action is defined.

###

For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Highveld Certified a Level 5 BEE Company

Thursday September 15th 2011 04:00:00 PM

16 September 2011 - EVRAZ Highveld Steel and Vanadium Limited (EVRAZ Highveld) (part of EVRAZ Group), has been awarded a Level 5 Broad-Based Black Economic Empowerment (B-BBEE) contributor rating by South African National Accreditation System (SANAS) accredited agency BLogic. This follows an intense focus on transformation within the company over the past year. EVRAZ Highveld was previously rated a Level 8 contributor.

Recognising the importance of B-BBEE as a business and national strategy EVRAZ Highveld has taken a number of measures aimed at increasing diversity across all levels. This has involved improving representation of historically disadvantaged people in senior management structures; the provision of advancement opportunities to previously disadvantaged groups in the various management structures; education programmes aimed at skills development; preferential procurement, particularly among black owned SMMEs (small-, micro- and medium-sized enterprises); and, the development of local black owned businesses within the eMalahleni community to become preferred suppliers.

Also, a number of external projects were implemented to target the economic empowerment of communities, on both social and business levels, through education, health, housing and supply chain initiatives.

“EVRAZ Highveld aims to develop and support transformation both nationally as well as within the company. We strive to make our corporate structure reflective of the country’s demographics and to ensure that the principles of transformation are also reflected in the communities of EVRAZ Highveld’s operations”, says EVRAZ Highveld CEO, Michael Garcia. “In EVRAZ Highveld we strongly believe that transformation needs to be taken into consideration at all levels of the organisation as part of the business strategy. B-BBEE is part of our business philosophy and we are looking forward to moving further on and increasing our B-BBEE results.”

***

About Broad-Based Black Economic Empowerment
Broad-Based Black Economic Empowerment (B-BBEE) is a programme launched by the South African government to redress the inequalities of Apartheid by giving historically disadvantaged groups economic opportunities previously not available to them. It includes measures such as employment equity, skills development, ownership, management, socio-economic development and preferential procurement.

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For further information:
Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Showcased Advanced Solutions for the Railway Industry at EXPO 1520

Friday September 9th 2011 04:00:00 PM

10 September 2011 – EVRAZ showcased a wide range of advanced railway products at the III International Railway Salon, Scherbinka (Moscow Region), 7th to10th September. EVRAZ is a world leader in the production of railway-related products, and the only rail producer in Russia. Whilst the Company’s main customer is The Russian Railways, the company also exports its products to the CIS, North America, Turkey, Vietnam, and the Baltic States.

More than 30 items of EVRAZ railway-related products were demonstrated at the exhibition, including some recently developed unique solutions, namely; wheels with a Brinell hardness from 360 to 390; and heat-treated rails of improved quality. Currently, EVRAZ is the only company in Russia to have mastered these technologies.

EVRAZ has undertaken several key projects designed to improve quality and to enhance its range of railway-related products, with the aim of reinforcing its position in the current market. By the end of 2013, EVRAZ will have completed the reconstruction of the rails and beams shop at EVRAZ ZSMK, and also of the wheel shop at EVRAZ NTMK. This will enable EVRAZ to take advantage of the prospective demand for high quality railway-related products, both in Russia and overseas.

“We see EXPO 1520 as an ideal venue, not only to showcase our company’s solutions and products, but also to share best practices with our colleagues from all over the world and to get better insights into industry perspectives”, said Oleg Kuzmin, EVRAZ Vice President, Corporate Communications. “Today, EVRAZ has accumulated extensive experience and has a clear focus on the unique developments taking place in the railway industry. It would not be an overstatement to say that EVRAZ delivers cutting-edge technological breakthroughs which put the company at the forefront of the industry.”

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For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Appoints Vice President of Major Projects

Monday September 5th 2011 04:00:00 PM

6 September 2011 - Evraz Group (LSE: EVR) (“EVRAZ” or the “Company”) announces the creation of a new business unit which will incorporate all of its major investment projects. To this end, the Company introduces the new position of Vice President of Major Projects. The creation of this new role and unit will support Company’s organic growth through the development of greenfield projects.

EVRAZ Launches Construction of a New Coking Coal Mine Yerunakovskaya-VIII

Wednesday August 17th 2011 04:00:00 PM

18 August 2011 – EVRAZ Group S.A. (LSE: EVR) (the “Company”) launches construction of a new coking coal mine Yerunakovskaya-VIII within its existing coal mining division Yuzhkuzbassugol (Kemerovo region, Russia). The total investment in the project will be c.17 billion roubles (approximately US$590 million) spent over the next three years. The coal mine is planned to start operations by mid-2013. By the end of 2014, the mine is expected to reach a total production capacity of 2 million tonnes of raw coking coal per annum.

Mine development will start from the Yerunakovskiy-VIII deposit with the potential for further expansion into the Yerunakovskiy-Vostochnyi deposit. Joint development of the two deposits will provide long-term stable mining operations and a guaranteed supply of high-quality hard coking coal. The estimated reserves of the new areas being developed are in excess of 85 million tonnes.

The mine will be built in accordance with the highest standards of safety, health and environmental protection. It involves preliminary and in-seam methane drainage as well as construction of wastewater treatment facilities. Additionally, the Company will build a new handling capacity at Kazankovskaya railway station and a new local motorway for coal transportation.

This project is in line with EVRAZ’s strategy to further develop its coal mining operations. Construction of the new mine will increase the level of vertical integration, providing its steelmaking facilities with high quality coking coal.

###

For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

Conversion and Completion of Redemption of the Convertible Bonds Due 2014

Friday August 5th 2011 03:20:00 AM

EVRAZ to Expand Portland Tubular Operations to Supply the Growing North American Energy Sector

Friday August 5th 2011 03:05:00 AM

EVRAZ is increasing its 2Q 2011 EBITDA guidance

Tuesday August 2nd 2011 04:00:00 PM

3 August 2011 - EVRAZ Group (LSE: EVR) (“EVRAZ” or the “Company”) announces today that it is increasing its EBITDA guidance for 2Q 2011 to US$875-950 million from a previously announced guidance range of US$750-825 million.

The increase in guidance reflects higher than expected steel prices, a later than expected increase in the cost of iron ore and scrap and the postponement of certain repairs until 3Q 2011.

According to the management accounts, EVRAZ’s total debt as of 30 June 2011 was approximately US$7.4 billion and cash and cash equivalents amounted to approximately US$1.1 billion. Consequently, net debt amounted to approximately US$6.3 billion.

As a result, the net debt/LTM EBITDA ratio as of 30 June 2011 is expected to be in the range of 2.18-2.25x (as 2H 2010 EBITDA was US$1,196 million), which is below the threshold imposed by debt covenants and gives the Company greater flexibility in the execution of its strategic plans.

EVRAZ is also announcing today that it is considering listing alternatives to its existing GDR programme. In order to support this process, 1H 2011 financial results are being audited and are expected to be published on or around 12 October 2011.

###

For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Receives IR Magazine Awards

Sunday July 17th 2011 04:00:00 PM

Giacomo Baizini, EVRAZ’s CFO, was announced as the winner of “Best investor relations by a CFO, large cap”. Alexander Frolov, EVRAZ’s CEO, was ranked second in the category “Best investor relations by a CEO, large cap”.

EVRAZ Group 2Q 2011 Operational Results

Thursday July 14th 2011 04:00:00 PM

15 July 2011 — Evraz Group S.A. (LSE: EVR) (“EVRAZ”) today released its operational results for the second quarter of 2011.

2Q 2011 HIGHLIGHTS:

• Steel product mix shifted much more in favour of finished goods
• Prices for almost all product groups increased as a result of stronger demand and higher raw materials prices
• Coking coal production decreased compared to the previous quarter due to the ongoing operational issues at some of the Yuzhkuzbassugol mines
  

Please download the full version of the press-release here.

EVRAZ Incentivised Conversion of US$650 million 2014 Bonds

Thursday June 23rd 2011 04:00:00 PM

EVRAZ announces that it has successfully incentivised the conversion of US$647,800,000 in principal amount (or 99.7% of the total outstanding amount) of convertible bonds

EVRAZ Priced 20 Billion Rouble Bond Issue

Thursday June 2nd 2011 04:00:00 PM

EVRAZ Group S.A. announces that it has priced a 20 billion 5-year rouble bond (approx. US$710 million) at a coupon rate of 8.40% per annum.

The Integrated Management System of ZapSib Has Successfully Passed Audit on Conformity to International Standards

Thursday May 19th 2011 02:00:00 AM

19 May 2011 – Experts from«Bureau Veritas Certification» (one of the world leaders in the field of certification) have confirmed conformity of the integrated management system of the Consolidated West Siberian Metallurgical Plant (part of EVRAZ) to international standards ISO 9001 (quality management system), ISO 14001 (system of ecological management), OHSAS 18001 (system of professional health and safety management).

Having inspected 20 divisions of the plant, the auditors reserved particular praise for the for the continuous improvement of the integrated system, high quality of specialists from certain high profile departments, middle management and the widespread use of modern information technology.

The West Siberian Metallurgical Plant has become the first enterprise of the Kemerovo region where the integrated system of management covering the three key elements of quality, ecology and health and safety was successfully implemented.

«EVRAZ branded products are delivered in 15 countries of the world. Therefore, its conformity to international standards is crucial and speaks volumes about the quality of the goods. Thus in the course of production, significant attention is devoted to observance of health and safety requirements and processes designed to protect the workforce. Harmful emissions generated in the course of production are also carefully monitored», - said Oleg Kuzmin, EVRAZ Vice-president Corporate Communications.

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For additional information, please, contact us at:

Oleg Kuzmin
VP, Corporate Communications
Тел. +7 495 937 68 71
media@evraz.com

EVRAZ NTMK Becomes The First Russian Company to Master The Production Technology of Extrahard Railway Wheels

Wednesday May 18th 2011 02:00:00 AM

18 May 2011 – EVRAZ NTMK has become the first Russian company to master the production technology of extrahard railway wheels. Wheels of 350 – 390 Brinell units of hardness are designed and suitable for the use on arterial railways. Once the certification of an experimental batch of new goods on overseas markets has been completed, the construction of the order book will begin.

Specialists from Nizhny Tagil Metallurgical Plant and the All-Russian Scientific Research Institute of Railway Transport took part in the research and development of the production technology of extrahard wheels. Special attention was paid to the steel chemical compound used, the heating temperature of work pieces and the cool-down rate of wheels which allowed for the discovery of an optimum chemical compound for steel with high concentration of carbon and alloying elements.

”Work on the development of extrahard wheels provides us with the opportunity to enter foreign markets with our products. In this instance the first market we will target is the North American market. EVRAZ is consistently engaged in the improvement of the transportation roll stock quality at our enterprises. We are now ready to offer our customers absolutely new railway wheels of a quality which nobody in Russia has yet been able to produce. Certification of these goods on overseas markets will be the next step”, - said Alexey Ivanov, Vice-President, Head of «Steel» Division of EVRAZ.

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For additional information, please, contact us at:
Contacts for Mass media:
Oleg Kuzmin
VP, Corporate Communications
Тел. +7 495 937 68 71
media@evraz.com

First Quarter of 2011 Trading Update

Monday May 16th 2011 04:00:00 PM

17 May 2011 – EVRAZ Group S.A. (LSE: EVR) (“EVRAZ”) today issued its first quarter of 2011 trading update.

Highlights:

• Revenue for the three-month period ended 31 March 2011 was US$3,894 million
• Adjusted EBITDA ^[1] was US$740 million ^[2] with adjusted EBITDA margin of 19%
• Interest expense was US$191 million
• Total debt as of 31 March 2011 amounted to US$7,809 million, including US$713 million of short-term loans and current portion of long-term debt
• Cash and cash equivalents at the end of the period stood at US$629 million
• Capital expenditures amounted to US$200 million
• Total steel products sales in the three-month period ended 31 March 2011 amounted to 3.9 million tonnes
• Iron ore sales volumes including intersegment shipments totalled 5.2 million tonnes
• Coal sales including intersegment shipments were 2.1 million tonnes, including 0.6 million tonnes of raw coking coal, 0.3 million tonnes of steam coal, 1.2 million tonnes of coking coal concentrate and 0.1 million tonnes of steam concentrate
  

[1] Profit from operations before depreciation, depletion and amortisation, impairment of assets, loss (gain) on disposal of property, plant & equipment and foreign exchange loss (gain).
[2] This number includes US$16 million penalties related to Ukrainian operations in 2008. Excluding this item EBITDA would have been US$756 million

Please download the full version of the press-release here

Results of the Annual General Meeting

Sunday May 15th 2011 04:00:00 PM

EVRAZ Group (LSE: EVR) ("EVRAZ" or the "Company") announces that at its Annual General Meeting held today in Luxembourg all the resolutions were passed.

2010 Annual Financial Report

Wednesday April 27th 2011 04:00:00 PM

The Annual Financial Report for the year ended 31 December 2010 has been published on the Company's website

EVRAZ Priced US$850 Million of Eurobonds due 2018

Thursday April 21st 2011 07:00:00 AM

21 April 2011 - Further to its announcements on 5 April 2011 and 19 April 2011 relating to its tender offer for certain of its outstanding notes, EVRAZ Group S.A. (LSE: EVR), a public limited liability company (société anonyme) incorporated under the laws of the Grand Duchy of Luxembourg with its registered office at 1, Allée Scheffer, L-2520 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Register of Trade and Companies under number B 105615 (the “Issuer”), announces that the prospectus dated 20 April 2011 (the "Prospectus") relating to the U.S.$850,000,000 6.75% Notes due 27 April 2018 (the "Notes") has been approved by the U.K. Listing Authority.

It is expected that listing of the Notes on the Official List of the U.K. Listing Authority and admission of the Notes to trading on the Regulated Market of the London Stock Exchange plc will be granted on or about 27 April 2011, subject only to the issue of the Notes.

The Prospectus is available for viewing here

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For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

 

 

Fitch Upgrades EVRAZ Group S.A. to ‘BB-’

Monday April 18th 2011 04:00:00 AM

18 April 2011 - EVRAZ Group (EVR: LSE) (“EVRAZ”) welcomes the upgrade by Fitch Ratings of EVRAZ’s Long-term foreign currency Issuer default Rating (IDR) from ‘B+’ (Stable) to ‘BB-’ (Stable). Fitch has also upgraded EVRAZ’s senior unsecured rating of ‘BB- from ‘B+’ and assigned its prospective Eurobond issue an expected ‘BB-(exp)’ rating.

Fitch commented: “The upgrade reflects improvements in Evraz’s capital structure and liquidity position. Fitch views positively Evraz’s successful refinancing of short-term loans in 2010.

In Fitch’s view, EVRAZ, as the largest producer of long products in Russia, will benefit from an expected intensification of infrastructure and housing construction in this country.

Please view Fitch announcement here.

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For further information:

Media contact:
Oleg Kuzmin
VP, Corporate Communications
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Group 1Q 2011 Operational Results

Friday April 15th 2011 02:00:00 AM

15 April 2011 — EVRAZ Group S.A. (LSE: EVR) (“EVRAZ”) today released its operational results for the first quarter of 2011.

HIGHLIGHTS:

• Production of steel and major rolled products increased in 1Q11 as a result of completion of converter shop modernisation at the end of 2010 and improved demand in key markets.
• Pricing for major product groups increased, reflecting continuous recovery in all the world markets.
• Iron ore production grew up as a result of efficiency improvements
• Coking coal production decreased due to one-off events such as longwall repositioning and temporary closure of a mine for air-gas mix monitoring and expected to be higher in 2011 than in 2010.

Please download the full version of the press-release here.

EVRAZ Receives Awards for Best Financial Disclosure and Best Progress in Europe

Thursday April 14th 2011 11:00:00 AM

EVRAZ Begins the Process of Rebranding its Russian and Ukranian Enterprises

Thursday April 14th 2011 08:00:00 AM

In April a number of Russian and Ukrainian enterprises of EVRAZ were renamed. The word EVRAZ was added before the existing names of said enterprises

EVRAZ Announces Financial Results for 2010

Wednesday March 30th 2011 04:00:00 PM

EVRAZ Group S.A. today announces its audited financial results for the year ended 31 December 2010.

Notice of FY2010 Results and Conference Call Details

Monday March 21st 2011 11:00:00 AM

EVRAZ will release its financial results for the year ended 31 December 2010 on Thursday, 31 March 2011

Standard & Poor’s Upgrades EVRAZ to ‘B+’

Monday March 14th 2011 09:40:00 AM

14 March 2011 - EVRAZ Group (EVR: LSE) (“Evraz”) welcomes the upgrade by Standard and Poor’s Rating Service of EVRAZ’s long-term corporate credit rating from ‘B’ (Stable) to ‘B+’ (Stable).

Standard & Poor’s commented: “The upgrade reflects an improvement of EVRAZ's liquidity, which we now assess as adequate, following the refinancing of short-term debt. EVRAZ used the proceeds of its RUB15 billion bond placement and $950 million pre-export finance facility to refinance this debt. EVRAZ is also benefiting from a stronger financial performance in 2010 and 2011 on the back of more favourable industry conditions.”

Please view Standard & Poor’s announcement here

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For further information:

Media contact:
+7 495 937 6871
media@evraz.com

Investor contact:
+7 495 232 1370
ir@evraz.com

EVRAZ Launches «EVRAZ New Leaders 2011» Programme

Monday March 14th 2011 07:00:00 AM

The programme is aimed at developing the Company’s personnel

Statement Regarding Equity Stake in Raspadskaya

Friday March 11th 2011 10:50:00 AM

11 March 2011 – EVRAZ Group S.A. (LSE:EVR) ("EVRAZ") notes media speculation regarding the potential disposal of EVRAZ's 40% indirect equity stake in the Russian coking coal producer OAO Raspadskaya (RTS, MICEX: RASP).

EVRAZ confirms that it is considering options with respect to this stake, and will refrain from further comments unless a binding course of action is defined.

###

Media contact:
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Group Appoints Vice President of Corporate Communications

Thursday March 10th 2011 04:00:00 AM

10 March 2011 – EVRAZ Group (LSE: EVR) (“EVRAZ” or the “Company”) announces the appointment of Oleg Kuzmin as Vice President of Corporate Communications. He will be responsible for the implementation of PR strategy and the Communication Policy of the Company. He will also be accountable for the coordination of the internal and external communications and corporate social responsibility. Oleg will cooperate with regional and local governments and non-governmental organizations as well as promote the Company’s image in the existing strategic markets.

Before joining EVRAZ Oleg Kuzmin held the position of the Director of Corporate Affairs of the pipe and wheel company Interpipe. Before joining Interpipe, Oleg was Head of Communications and External relations at EUROCEMENT group. Oleg has also held different positions at communications agency SPN Ogilvy Public Relations.

Oleg graduated from the Department of Law at Petrozavodsk State University and holds the Executive MBA degree from MIRBIS. He also studied PR and political science at Umea State University (Sweden). Oleg has further diplomas from the Central European University in political science and PR studies and from the Baltic University (Finland) in sustainable development.

«I believe that Oleg Kuzmin’s successful track record in corporate communications and public relations in Russian and international markets, will support further strengthening of EVRAZ’s position as a global company», - commented CEO of EVRAZ Group Alexander Frolov.

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For further information:

Media contact:
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Announces Plans to Consolidate ZSMK and NKMK

Friday February 25th 2011 06:00:00 AM

The enterprise will be named EVRAZ – Consolidated West Siberian Metallurgical Combination

EVRAZ Announces New Management Appointments

Wednesday February 16th 2011 02:00:00 AM

Two new positions have been created – Vice President, Sales and Vice President, Procurement

Management Changes at EVRAZ Palini e Bertoli

Tuesday February 1st 2011 09:30:00 AM

EVRAZ Group S.A. announces recent management changes at EVRAZ Palini e Bertoli S.p.a., its Italian plate-rolling facility.

EVRAZ Changed Accounting Policies

Monday January 31st 2011 10:00:00 AM

EVRAZ has resolved to revert to the cost model of accounting for all classes of property, plant and equipment as it provides more relevant and reliable information about the Company's financial position and financial performance.

EVRAZ to Relocate North American Headquarters to Chicago

Friday January 21st 2011 06:00:00 AM

EVRAZ selected Chicago primarily for its logistical advantages, which will provide easier access to customers, manufacturing operations and its employees across North America.

EVRAZ Group 4Q 2010 and FY 2010 Operational Results

Tuesday January 18th 2011 02:00:00 AM

EVRAZ Group S.A. (LSE: EVR) today released its operational results for the fourth quarter of 2010 and full year 2010.

EVRAZ signs a contract with Praxair Rus for supply of industrial gases

Wednesday January 12th 2011 02:00:00 AM

EVRAZ Group and Praxair Rus, a subsidiary of Praxair, Inc., one of the three largest worldwide industrial gases companies and a technological leader in this field, have signed a long-term contract for supply of industrial gases to NTMK, EVRAZ’s steel mill in the Urals, Russia.

Moody's Changed the Outlook for EVRAZ to Positive from Stable

Sunday December 26th 2010 04:00:00 PM

27 December 2010 - EVRAZ Group (EVR: LSE) (“EVRAZ”) welcomes Moody's change of EVRAZ’s rating outlook to positive from stable. Moody's also affirmed the B1 corporate family rating and the B2 ratings for the company's Senior Unsecured Notes.

Moody’s commented that the change was prompted by improvements in operating performance and credit metrics that EVRAZ achieved since the trough of the steel markets, and in particular during 2010.

Please view Moody’s announcement here

EVRAZ Creates a Joint Venture Сonsisting of EvrazMetall and INPROM Distribution Networks

Thursday December 23rd 2010 05:30:00 AM

EVRAZ announces the closing of a deal to acquire 100% of the shares of Cassar World Investments Corp., which controls 99.9% of OAO INPROM, a leading metal service company in Russia

EVRAZ Launches Construction of Rolling Mills in Southern Russia and Kazakhstan

Thursday December 2nd 2010 06:00:00 AM

The Board of Directors has approved investment in both the Yuzhny Rolling Mill in the Rostov Region of Southern Russia and the Kostanay Rolling Mill in Kazakhstan

EVRAZ Completes Modernisation of Steelmaking at NTMK

Wednesday November 24th 2010 06:00:00 AM

As a result, the converter shop’s annual capacity increased by 0.7 million tonnes to 4.5 million tonnes of steel

EVRAZ Signs US$950 Million Loan Agreement for 5 Years

Monday November 22nd 2010 02:00:00 AM

EVRAZ has signed a US$950 million structured credit facility, maturing in 2015 and secured with assignment of sales proceeds under certain export contracts

EVRAZ Group Appoints Director of Lean

Wednesday November 17th 2010 02:00:00 AM

Pursuing the strategy of cost reduction and efficiency improvements, EVRAZ announces the appointment of Scott Baus as Director of Lean

Nine Months and Third Quarter of 2010 Trading Update

Sunday November 14th 2010 04:00:00 PM

EVRAZ Group today issued its nine months and third quarter of 2010 trading update

EVRAZ Vitkovice Steel Reaches Agreement with ArcelorMittal Ostrava over the Supply of Liquid Pig Iron

Monday November 1st 2010 03:00:00 AM

The agreement will cover approximately the next five quarters

EVRAZ Priced 15 Billion Rouble Bond Issue

Thursday October 28th 2010 11:00:00 AM

EVRAZ has priced a 15 billion 5-year rouble bond at a coupon rate of 9.95% per annum

EVRAZ Completes First Stage of Rail Mill Modernisation at NKMK

Thursday October 28th 2010 02:00:00 AM

Installation of state of the art equipment will ensure premium quality of rails and satisfy requirements of the most advanced Russian and European standards for rail geometry and steel purity

EVRAZ Creates Health, Safety and Environmental Committee and Appoints Vice President of Health, Safety and Environment

Tuesday October 26th 2010 02:00:00 AM

26 October 2010 – EVRAZ Group S.A. (LSE: EVR) (“Evraz”) is focused on increasing the level of industrial safety, labour protection and care of the environment across its international operations. Consequently, a Health, Safety and Environmental Committee of the Board of Directors has been set up and the position of vice president of health, safety and environment has been created.

The Board’s Committee is composed of three independent directors – Gordon Toll (Chairman), Karl Gruber and Terry Robinson.

Alexander Kruchinin has been appointed as EVRAZ’s Vice President of Health, Safety and Environment. Mr Kruchinin has extensive experience in these issues. Before joining EVRAZ, he was responsible for industrial safety, labour and environmental protection at Sakhalin-Energy, Ligett-Ducatt, DuPont de Nemours International, UC Rusal, Integra.

Mr Kruchinin graduated from the Gubkin Russian State University of Oil & Gas. He took an internship in The Fuqua School of business, Duke University, and is now studying for his EMBA in the Higher School of Management at Saint-Petersburg State University.

As Vice President of Health, Safety and Environment, Mr Kruchinin will be in charge of EVRAZ’s Russian and non-Russian operations.

Alexander Frolov, EVRAZ’s CEO, commented: “The creation of a Board committee and the role of vice president of health, safety and environment, who will report to me directly, reflects the importance EVRAZ’s management attaches to the issues of safety, sustainable development and environmental protection.”

“I am confident that the creation of the committee and Alexander Kruchinin’s vast experience in ecology and industrial safety will help further improve safety standards at EVRAZ’s operations, improve the ecological environment in the regions where we operate and strengthen EVRAZ’s position as a socially responsible company.”

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For further information:

Media contact:
Alex Agoureev
VP, Public Relations
+7 985 122 4822
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Wins Licence to Develop Eastern Coking Coal Field in Russia

Wednesday October 20th 2010 11:00:00 AM

EVRAZ has won the tender to develop the Eastern field of the Western part of the Ulug-Khemsky coking coal deposit in the central part of the Republic of Tyva, East Siberia

EVRAZ Group 3Q 2010 Operational Results

Friday October 15th 2010 02:00:00 AM

EVRAZ Group S.A. today released its operational results for the third quarter of 2010

Statement Regarding the Sale of Stratcor Inc.

Monday September 27th 2010 04:00:00 PM

Following a comprehensive analysis of EVRAZ’s strategic options, EVRAZ has terminated negotiations regarding the possible divestment of Stratcor.

EVRAZ's North American Subsidiary Secures CAD300 Million of Bank Financing

Monday September 6th 2010 02:00:00 AM

The facility is secured with the inventories and receivables of EVRAZ Inc. NA Canada and its operating subsidiaries (ABL facility)

EVRAZ Announces Interim Results for 1H 2010

Thursday September 2nd 2010 02:00:00 AM

EVRAZ Group S.A. today announces its unaudited interim results for the six months ended 30 June 2010

Notice of 1H10 Results and Conference Call Details

Thursday August 26th 2010 10:00:00 AM

EVRAZ will release its financial results for the six months ended 30 June 2010 on Thursday, 2 September 2010

EVRAZ Will Introduce PCI Technology at Its Russian Steel Mills

Friday July 30th 2010 02:00:00 AM

PCI will allow to discontinue using natural gas in blast furnaces and to decrease coke consumption by 2012

EVRAZ Borrows US$404 Million from Nordea Bank for Four Years

Tuesday July 27th 2010 02:00:00 AM

The proceeds have been used to repay Nordea’s US$357 million loans due in the 4Q 10, as well as certain other short-term debt

EVRAZ Group 2Q 2010 Operational Results

Thursday July 15th 2010 02:00:00 AM

15 July 2010 — EVRAZ Group S.A. (LSE: EVR) today released its operational results for the second quarter of 2010.

Please download the full version of the press release here.

Statement in Respect of Anti-monopoly Investigation re Coking Coal Prices

Thursday July 8th 2010 11:00:00 AM

8 July 2010 - The Russian Federal Antimonopoly Service (FAS) today announced it had launched an investigation into EVRAZ Group (LSE: EVR) ("EVRAZ") and other coal mining companies in relation to the pricing of coking coal in the Russian and export (ex-Russia) markets.

EVRAZ has not been provided with any details of the investigation at the current time.

Based on the FAS statement which was published on the FAS website, the claim relates to specific grades of hard and semi-hard coking coal, Zh and GZh under the Russian classification. EVRAZ is not an exporter of these particular coal grades. EVRAZ uses these types of coals mostly for consumption in its own coke batteries in Russia.

EVRAZ will cooperate fully with the investigation.

###

For further information:

Media contact:
Alex Agoureev
VP, Public Relations
+7 985 122 4822
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Vitkovice Steel Temporarily Shuts Down its Steel Shop

Wednesday June 30th 2010 07:00:00 AM

30 June 2010 – EVRAZ Group (LSE: EVR) ("EVRAZ" or the "Company") announces the temporary closure of the steel shop at EVRAZ Vitkovice Steel (“EVS”), the Company’s Czech subsidiary, with effect from 1st July. The closure marks the current failure in negotiations between EVRAZ Vitkovice Steel and ArcelorMittal Ostrava over the prices for hot iron supplied by ArcelorMittal Ostrava.

EVRAZ Vitkovice Steel fully proved its commitment for constructive dialogue and accepted AMO’s pricing formula proposal as a basis for further negotiations over the formula’s base price. ArcelorMittal Ostrava effectively rejected the proposal of EVS regarding the base price and officially stated that its position was unchanged.

The current annual steelmaking capacity of EVS is 950,000 tonnes of steel. The temporary closure of the steel shop will not in any way influence the plant's rolling production which will be maintained at the level achieved in recent months. EVS's rolling requirements will be covered by the supply of slabs from suppliers in Slovakia, Ukraine, Turkey, as well as EVRAZ's NTMK plant in Russia.

All the EVS steel shop workers will be required to remain in their positions or on standby, so that, if agreement with ArcelorMittal Ostrava is reached, they would be able to start up the steel shop immediately. The temporary closure plan also counts on alternative employment for the steel shop workers during the month of August, should the steel shop remain closed. There are no plans to lay off any workers during the temporary shutdown period.

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For further information:

Media contact:
Alex Agoureev
VP, Public Relations
+7 985 122 4822
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Launches Rail Mill Reconstruction at NTMK

Thursday June 17th 2010 09:00:00 AM

17 June 2010 – EVRAZ Group S.A. (LSE: EVR) (“EVRAZ”) has launched the rail mill reconstruction at NTMK, its Russian steel plant in Nizhny Tagil, Urals. The reconstruction will be completed in November 2011. The total investment will amount to 2 billion roubles (approx. US$70 million).

After the reconstruction the rail mill will produce 25-meter heat-treated rails with excellent surface characteristics and its annual capacity will increase from 400,000 to 550,000 tonnes. The main customers of NTMK’s rails include Russian Railways, the CIS and Baltic countries, as well as Turkey and Iraq.

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For further information:

Media contact:
Alex Agoureev
VP, Public Relations
+7 985 122 4822
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

EVRAZ Repays Vnesheconombank Loan Using 5-year Credit Facility from Gazprombank

Thursday May 27th 2010 02:00:00 AM

EVRAZ has fully repaid a US$1,007 million loan, in line with the Company's refinancing plan to term out the Group's short-term debt

Statement in Respect of Anti-Monopoly Investigation

Monday May 24th 2010 11:00:00 AM

24 May 2010 - The Russian Federal Antimonopoly Service (FAS) today announced it had launched an investigation of Evraz Group (LSE: EVR) (“Evraz”) in relation to competition abuse in the rolled steel products market. Evraz has not been provided with any details of the investigation as of the current time.

Evraz will cooperate fully with the investigation, and will make a further announcement once official communications from FAS are delivered.

###

For further information

Media contact:
Alex Agoureev
VP, Public Relations
+7 985 122 4822
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com

First Quarter of 2010 Trading Update

Monday May 17th 2010 11:00:00 AM

17 May 2010 – Evraz Group S.A. (LSE: EVR) (“Evraz”) today issued its first quarter of 2010 trading update.

Highlights:

• Revenue for the three-month period ended 31 March 2010 was US$2,970 million
• Adjusted EBITDA was US$424 million with adjusted EBITDA margin of 14.3%
• Interest expense was US$177 million
• Total debt as of 31 March 2010 amounted to US$7,953 million, including US$2,713 million of short-term loans and current portion of long-term debt
• Cash and cash equivalents at the end of the period were US$793 million
• Capital expenditures amounted to US$160 million
• Total steel products sales in the three-month period ended 31 March 2010 amounted to 3.87 million tonnes
• Iron ore sales volumes including intersegment shipments totalled 4.2 million tonnes
• Coal sales including intersegment shipments were 2.5 million tonnes, including 0.9 million tonnes of raw coking coal, 0.6 million tonnes of steam coal, 0.9 million tonnes of coking coal concentrate and 0.1 million tonnes of steam concentrate

Please download the full version of the press release here.

Results of the Annual General Meeting

Monday May 17th 2010 10:00:00 AM

Evraz announces that at its AGM held in Luxembourg all the resolutions were passed

Evraz Expresses Condolences in Relation to the Tragedy at the Raspadskaya Mine

Monday May 10th 2010 05:00:00 PM

11 May 2010 – Evraz Group S.A., as all Russian steel and coal mining companies, was shocked by the news of the tragedy at the Raspadskaya coal mine on 9 May 2010. We share the sorrow of the relatives of the dead miners and mourn with all Kuzbass and Russian citizens.

We hope that a thorough investigation will be held and all the factors that caused the tragedy will be eliminated.

Such a tragedy must not happen again!

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For further information:

Media contact:
Alex Agoureev
VP, Public Relations
+7 985 122 4822
media@evraz.com