EVRAZ NTMK completes preparations for launching the fifth railway wheel machining line. The line has already been assembled, four new automated machines have been installed at the wheel shop.
Further to the announcement on 19 June 2018 that the shareholders of EVRAZ plc (the “Company”) had approved the recommended proposal for the Company and its indirect subsidiary, JSC EVRAZ ZSMK, to provide a guarantee (the “Proposed Guarantee”) of the obligations of the Company’s wholly owned subsidiary EVRAZ Mezhdurechensk under certain management contracts, the Company is pleased to announce that the Proposed Guarantee has been entered into.
EVRAZ (LSE: EVR) (EVRAZ or company) announces appointment of Yanina Stanulenaite to the position of Vice-President, Legal.
EVRAZ Group S.A. (”EVRAZ”) today announced that it has entered into a Share Purchase Agreement with Best Decade Holdings Limited to dispose of its 15.04% stake in Delong Holdings Limited (“Delong”), a leading SGX-listed steel producer of hot-rolled steel coil, for US$91.7 mln.
Proposed guarantee of the obligations of MC EVRAZ Mezhdurechensk LLC (“EVRAZ Mezhdurechensk”), an indirect wholly owned subsidiary of EVRAZ plc (the “Company” and together with its subsidiaries the “Group”), under certain management contracts and publication and posting of shareholder circular
The Company announces that on 29 December 2017 its indirect wholly owned subsidiary, EVRAZ Mezhdurechensk entered into management contracts (the “Management Contracts”) with nine companies owned by LLC Sibuglemet Group involved in mining, processing and trading coal (the “Counterparties”).