EVR Evraz Plc

 

TIDMEVR 
 
RNS Number : 6625J 
Evraz Group S.A. 
01 April 2010 
 

                Evraz Launches Rail Mill Reconstruction at NKMK 
 
1 April 2010 - Evraz Group S.A. (LSE: EVR) ("Evraz") announces the start of the 
rail mill reconstruction at NKMK, its Russian steel plant in Novokuznetsk, 
Siberia. Once the reconstruction has been completed in 2012, NKMK will be able 
to produce 25-metre and 100-metre high-speed rails. 
 
The investments under the project will total US$440 million. The rail mill 
capacity will reach approximately one million tonnes of high-speed rails, 
including 450 thousand tonnes of 100-metre rails. At present, 100-metre rails 
are not produced in Russia. The Russian Railways company is expected to be the 
major buyer of the longer rails. 
 
The reconstruction envisages installation of a new automatic rail rolling mill 
as well as rail hardening and straightening equipment which will enable a 
significant improvement in rail quality, meeting global requirements for surface 
and latent defects and straightness. 
 
                                      ### 
 
 
For further information: 
 
Media contact: 
 Alex Agoureev 
 VP, Public Relations 
+7 985 
122 4822 
media@evraz.com 
 
Investor contact: 
 Alexander Boreyko 
 Director, Investor Relations 
 +7 
495 232 1370 
ir@evraz.com 
 
 
 
Evraz Group S.A. is a large vertically-integrated steel, mining and vanadium 
business with operations in the Russian Federation, Ukraine, Europe, USA, Canada 
and South Africa. The Company was ranked the 15th largest steel producer in the 
world based on crude steel production of 17.7 million tonnes in 2008. In 2009, 
Evraz produced 15.3 million tonnes of crude steel and sold 14.3 million tonnes 
of steel products. Evraz's internal consumption of iron ore and coking coal is 
fully covered by its mining operations. Evraz's consolidated revenues for the 
year ended 31 December 2009 were US$9,772 million and consolidated adjusted 
EBITDA amounted to US$1,237 million. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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