Evraz Group

Infobox_Company
company_name = Evraz Group
company_
company_type = Public LSE|EVR
company_slogan = N/A
foundation =
location = flagicon|RUS Moscow
key_people = Alexander V Frolov CEO
num_employees = ~
revenue = $8.3B (2006)
industry = Steel
products = Steel Steel products
Vanadium slag Iron ore
Coal
homepage = http://www.evraz.com/

Evraz Group ( _ru. Евраз Груп С. А.) is one of the world's biggest vertically integrated steel production and mining businesses, with operations mainly in Russia. In 2006, Evraz Group produced 16.1 million tonnes of crude steel.

Overview

The company is a vertically integrated holding with high self-sufficiency in iron ore and excess coking coal production, which enables the company to be one of the largest participants on the domestic coking coal market through its affiliates. Evraz also controls some metal trading and logistic assets. Based on 1H 2006 results, the steel segment represents 97.4 percent of Group revenue. On June 2, 2005 Evraz Group floated some 8.3 percent of its shares in the form of GDR in London. The company was priced at $14.50 per GDR implying an equity value of $5.15 billion. An additional 6% stake was placed in January 2006, resulting in a total free-float of 14.3%.

Evraz' European offices are located in Luxembourg.

Evraz Group Shareholders Structure

Mastercroft was a wholly owned subsidiary of the company as of 30 June 2006. The company’s interests in the majority of its subsidiaries are held indirectly through its ownership of Mastercroft. In June 2006 Evraz Group announced a transaction that resulted in the transfer to Greenlease International Holding of a 50% interest in Lanebrook Ltd., an entity controlled by the principal shareholders of Evraz Group. As of September 2006 Lanebrook Ltd. held 82.43% of the Company's shares, while about 15.33% of the stock is traded on the London Stock Exchange.

Evraz Subsidiaries

Steel

*Nizhny Tagil Iron and Steel Plant - NTMK - "in Nizhny Tagil; major steel and vanadium slag producer [http://www.ntmk.ru NTMK] "
*Novokuznetsk Iron and Steel Plant - NKMK "in Novokuznetsk; major steel producer; leading in railway steel [http://www.nkmk.ru NKMK] "
*Palini e Bertoli "in Italy's Udina Province; rolling mill/steel plate products, in association with Clama Srl [http://www.paliniebertoli.it Palini and Bertoli] "
*Strategic Minerals Corporation - Stratcor "in the USA; vanadium, tungsten, alloys; facilities in Arkansas, Pennsylvania, Brits, North West in South Africa; headquartered in Danbury, Connecticut [http://www.stratcor.com Stratcor] "
*Vitkovice Steel "steel plate maker in the Czech Republic; [http://www.vitkovicesteel.com/en/ Vitkovice Steel] "
*West Siberian Iron and Steel Plant - ZapSib - ZSMK "large steel producer in Siberia; [http://www.zsmk.ru ZapSib] "
*Oregon Steel Mills "in the USA;" "pipes, tubes, rails; facilities in" "Portland, Oregon, Pueblo, Camrose in Canada;" "headquartered in" "Portland, Oregon"
*Claymont Steel "in the USA;" "custom plate; facilities in" "Claymont, Delaware"
*Ipsco Inc. - "in Regina, Saskatchewan, Canada; pipe and plate steel [http://www.ipsco.com/] "

Ore

*Evrazruda "mining and enrichment facilities in Kemerovo Oblast"
** In the Kemerovo Oblast: Tashtagol Mine, Kaz Mine, Sheregesh Mine, Gurev Mine, Abagur Sinter and Enrichment Plant
**In the Republic of Khakassia: Abakanskoye Mine, Teya Mine
*Kachkanarsky Ore Mining and Processing Enterprise - Vanady - KGOK "pit mining in Sverdlovsk; [http://www.kgok.ru KGOK] "
*Vysokogorsky Mining and Processing Integrated Works/VGOK "underground mining near Nizhny Tagil; [http://www.vgok.ru VGOK]
**Vysokogorsk Deposit; Lebyazhinsk Deposit; Estuninsk Deposit; Mednorudyansk Deposit

Coal

*Mine 12 "coal mining in Kemerovo Oblast"
* Neryungriugol "coal mining; Denisovskoye Field in Republic of Sakha, in association with Mitsui Company"
*Raspadskaya/Joint Stock Company Raspadskaya "underground coking coal mining in Kemerovo, in association with Corber Enterprises Limited"
*Yuzhkuzbassugol "coking coal mining in the Kuzbass Region"

Vanadium

*Highveld Steel and Vanadium Corporation Ltd. "in South Africa"

Other operations/Distribution

*Evraztrans "Evraz' railway forwarding company"
*Ferrotrade Limited "selling Evraz' products in China and Southeast Asia"
*Metallenergofinance MEF, "supplying electricity and heat for Evraz facilities"
*Nakhodka Commercial Sea Port "in the Russian Far East, handling most of Evraz' exports [http://www.ncsp.ru/ NCSP] "
*Trading House EvrazHolding/TH EvrazHolding "working in domestic sales"
*Trading House EvrazResource/TH EvrazResource "working in domestic sales"

Notes

External links

* [http://www.evraz.com/ Evraz Group en icon]
* [http://rus.evraz.com/ Evraz Group ru icon]
* [http://www.mbendi.co.za/orgs/cwes.htm MBendi:Mining:Russia:Evraz]
* [http://www.evraz.com/pdf/evraz_group_sa_2005.pdf PDF Evraz 2005 Annual Report]