Tag: EVRAZ

The Board of Directors of PSC VSMPO-AVISMA Corporation appoints Sergey Stepanov, who previously held a post of Vice President of EVRAZ – steel and mining company, as CEO of the titanium producer.

EVRAZ plc has recently declared that Mr.Nikolay Ivanov has been appointed Chief Financial Officer ("CFO") effective immediately.

EVRAZ has recently appointed Alexey Soldatenkov as Vice President, Head of the Siberia Division. Alexey will take on management of the Siberia Division, which comprises EVRAZ ZSMK and Evrazruda. He will be focusing on strengthening the cooperation between the assets and integrating their business processes.

Metalloinvest and Evraz have signed a five-year agreement based on formula pricing for the supply of steel grinding balls.

EVRAZ has changed its organisational structure and executive team. The Steel and Iron Ore Divisions are disbanded and the Urals, Siberia, and Ukraine Divisions have been established based on the geography of assets.

EVRAZ has signed a contract with DANIELI to carry out a technical modernisation of EVRAZ’s slab continuous casting machine into a billet casting machine.

EVRAZ started developing a new grinding balls production facility at Nizhniy Tagil Steel Plant. All project engineering activities will be completed by 2016, with commissioning scheduled for Q3 2017.

EVRAZ appointed Irina Bakhturina to the role of director of Investor Relations effective 5 March 2015. Bakhturina will report to the company's CFO Pavel Tatyanin. She will assume responsibilities for liaison with investors and analysts as well as for developing and implementing company’s investment strategy together with EVRAZ top-management.

EVRAZ's North American subsidiary EVRAZ North America (ENA) signed an agreement with Maruichi Oregon Steel Tube to sell ENA’s structural tubing business (formerly known as Columbia Structural Steel) in Portland, Oregon, for approximately USD 51M in cash, including approximately USD 8.5M of proceeds from the sale of inventories.

EVRAZ delivered the first batch of 100m head-hardened R65 rail for the Moscow metro. Produced by EVRAZ ZSMK, the rails have been recently installed in the Arbatsko-Pokrovskaya line between the Kievskaya and Slavyanskiy Bul’var stations.