EVRAZ plc (LSE: EVR) ("EVRAZ" or the "Company") announces today that its wholly-owned subsidiary FEGILTON LTD signed an agreement to dispose its entire share in DRAMPISCO LTD, a holding company of EVRAZ DMZ (“EDMZ”) to SENALIOR INVESTMENTS LIMITED (a company of the DCH Group) for approximately US$106 million, adjustable for an amount of actual working capital and net financial debt of EDMZ and for fair value of the issued guarantees (“the Transaction”).
EVRAZ plc (“EVRAZ” or “the Company”) (LSE: EVR) announces its audited results for the year ended 31 December 2017.
EVRAZ and Russian Railways (RZD) have signed a new long-term agreement for the supply of rail products. The document comes into force on 19 February 2018 and will be valid for five years.
EVRAZ ZSMK has shipped 1,650 tons of the 54 Е1 European profile rails to Greece. This is the first batch of EVRAZ rails delivered to a European client. The rails will be used for the expansion of the Athens Metro to Piraeus port city.
EVRAZ plc (LSE: EVR; “EVRAZ” or the “Group”) today released its operational results for the fourth quarter and full year of 2017.