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