Current CIS Steel Industry News [more headlines]


Evraz cost base hit by rise in Russian rouble ...
Tue, 15 May 2012 09:09:07 +0100
StockMarketWire.com - Steel giant Evraz's first quarter revenue remained in line with last year as prices and sales volumes were broadly flat. But the company's cost base increased due to the appreciation of the Russian rouble. The first quarter's ...


Evraz posts Q1 revenue
Tue, 15 May 2012 07:49:44 +0100
RBC, 15.05.2012, London 10:45:35. The revenue of Evraz Plc, a holding company of Russian metals and mining consortium Evraz Group, remained flat in the first quarter of 2012 compared to the year-earlier period, the company said in a statement.


Evraz Plc - Interim Management Statement
Tue, 15 May 2012 07:25:39 +0100
Interim Management Statement for the First Quarter Ended 31 March 2012 15 May 201 2 - EVRAZ plc (LSE: EVR) ("EVRAZ" or the "Company") today issued its first interim management statement ...


Belarusian steel output grew slightly yoy in ...
Tue, 08 May 2012 19:10:00 +0100
Byelorussian Steel Works (BMZ) accounted for 94% (659000t) and 90% (590000t) of the national crude steel and steel products' output, Platts Steel Business Briefing calculates. Belarus's steel pipe output remained largely unchanged in the first quarter, ...


2012 Annual General Meeting Update
Mon, 07 May 2012 21:00:00 +0100
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 EVRAZs 2012 Annual General Meeting, please click here.


Mechel Announces 2011 Full Year Financial Results ...
Fri, 04 May 2012 08:35:00 +0100
Steelonthenet.com - Moscow, Russia; 04 May 2012 - Mechel OAO, one of the leading Russian mining and metals companies, announces that it intends to release its financial results for the full year period ending December 31, 2011, on Thursday, May 10, 2012. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcasted live over the Internet. Yevgeny Mikhel, Chief Executive Officer, will host the call


Evraz Receives Award For Best Financial Disclosure ...
Wed, 02 May 2012 21:00:00 +0100
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 IRGRs 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 ### For further information: Investor Relations: Alexander Boreyko Director, Investor Relations London: +44 207 832 8990 Moscow: +7 495 232 1370 irevraz.com Media Relations: Oleg Kuzmin VP, Corporate Communications London: +44 207 832 8998 Moscow: +7 495 937 6871 mediaevraz.com


Rich List reveals record fortunes for Britain's ...
Sun, 29 Apr 2012 06:07:55 +0100
Steel magnate Lakshmi Mittal retains top spot, with Alisher Usmanov and Roman Abramovich in second and third Britain's wealthiest people saw their fortunes rise to record levels last year, according to the annual Sunday Times Rich List (paywall) , at a time when most Britons' earnings and savings were squeezed by inflation and low interest rates. The combined wealth of Britain's 1,000 richest ...


Evraz Plc - Publication of 2011 Annual Report ...
Wed, 25 Apr 2012 11:24:00 +0100
PUBLICATION OF AUDITED 2011 ANNUAL REPORT AND ACCOUNTS 25 April 2012 - Further to the preliminary announcement of its results for the year ended 31 December 2011, EVRAZ plc announces that it has today ...


Publication of Audited 2011 Annual Report and ...
Tue, 24 Apr 2012 21:00:00 +0100
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 Companys 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 Companys financial statements were included in the Companys 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


Akhmetovs Metinvest 2011 profits quadruple ...
Fri, 20 Apr 2012 07:15:36 +0100
This year, however, weaker iron ore prices will hurt bottom line. Ukrainian mining group and steel producer Metinvest said on April 17 that its net profit was likely to drop in 2012 after quadrupling to $1.85 billion in the prior period, hit this year by ...


ArcelorMittal Ukraine Unit Says March Output ...
Thu, 19 Apr 2012 04:39:00 +0100
ArcelorMittal (MT)'s Ukrainian unit said steel production rose by 5.9 percent in March from the same month a year earlier, as equipment was fixed. Production jumped to 505100 metric tons from 476900 tons in March 2011, ArcelorMittal Kryvyi Rih, ...