Evraz Group

From Global Energy Monitor
This article is part of the
Global Iron and Steel Tracker, a project of Global Energy Monitor.
Download full dataset
Report an error
Sub-articles:

Evraz Groupis a UK-incorporated multinational steel manufacturing and mining company part-owned by Russian oligarchs.[1]It is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, the USA, Canada, the Czech Republic and Kazakhstan.[2]

History

The company was founded as a small metal-trading business in 1992.[3] On 2 June 2005 Evraz Group floated some 8.3 percent of its shares in the form of GDR in London.[4] The company was priced at $14.50 per GDR implying an equity value of $5.15 billion.[4] An additional 6% stake was placed in January 2006, resulting in a total free-float of 14.3%.[5]

The company acquired Claymont Steel from H.I.G. Capital in 2008 for USD 564.8 million.[6] The mill was closed in December 2013.[7]

Climate Commitments

"Our approach to climate change"

Subsidiaries

The following companies are fully or partially owned/operated under Evraz Group

References

  1. ↑ Pfeifer, Sylvia (2022-03-10). "Evraz shares suspended after Abramovich sanction news". Financial Times. Retrieved 2022-03-10.
  2. ↑ "Our approach to climate change",Evraz, Accessed in July 2022
  3. ↑ "History of the Evraz Group". steelonthenet.com. Retrieved 28 March 2015.
  4. ↑ 4.0 4.1 EVRAZ Raises $422M in soft London IPO Template:Webarchive St Petersburg Times, 3 June 2005
  5. ↑ "Russian and Kazakh firms set for relegation from FTSE 100". City AM. 29 May 2013. Archived from the original on 25 September 2018. Retrieved 28 March 2015.
  6. ↑ Sandle, Paul (2007-12-10). "Evraz Group agrees to buy Claymont Steel for about 564.8 mil usd cash". AFX News Limited. Thomson Financial News.[dead link]Template:Cbignore
  7. ↑ "Evraz Claymont Steel shutting down". Gannett. 14 October 2013.

External links


Wikipedia also has an article on Evraz Group ([[1]]). This article may use content from the Wikipedia article under the terms of the Creative Commons Attribution-ShareAlike 3.0 Unported License].