Evraz

EVRAZ plc is a UK-incorporated multinational steel manufacturing and mining company part-owned by Russian oligarchs.[2] It has operations mainly in Russia as well as the USA, Canada, and Kazakhstan.

Its listing on the London Stock Exchange (LSE) has been suspended since March 2022 because of sanctions over the 2022 Russian invasion of Ukraine.[2] As of November 2025 the shares remained suspended.[3]

History

The company was founded as a small metal-trading business in 1992.[4] On 2 June 2005 Evraz Group floated some 8.3 percent of its shares in the form of

Operations

Evraz sets aside its coal business by the end of the year 2021 on the premise of all needed approvals, according to the group's report of the 1st half of 2021. In the very beginning of 2021 EVRAZ announced expecting to spin off its coal division consolidated in Raspadskaya. In April 2021, the group's board of directors approved the demerger of its coal assets to be shared pro rata among Evraz shareholders.[19] In January 2022, Evraz shareholders also approved the demerger of the group's coal business, consolidated at PJSC "Raspadskaya" after the final decision made by the board of directors of Evraz last December.[20]

The business structure is as follows:[21]

Steel

Nizhny Tagil Iron and Steel Plant – NTMK – in Nizhny Tagil. Steel and vanadium slag
Novokuznetsk Iron and Steel Plant – NKMK – in Novokuznetsk. Steel, specializing in railway steel (merged with EVRAZ ZSMK)
EVRAZ Consolidated West-Siberian Metallurgical Plant (EVRAZ ZSMK) – steel producer. Merged with EVRAZ NKMK in 2011[22]
EVRAZ North America – Steel. Formed from merger of Oregon Steel Mills, Rocky Mountain Steel and IPSCO. The company is headquartered in Chicago, Ill. with manufacturing facilities in Portland, Oregon; Regina, Saskatchewan; Pueblo, Colorado; Calgary, Camrose and Red Deer, Alberta.

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
Kachkanarsky Ore Mining and Processing Enterprise – Vanady – KGOK pit mining in Sverdlovsk region;
Sukha Balka Mines, Kryvyi Rih, Ukraine.

Coal

Yuzhkuzbassugol coking coal mining in the Kuzbass Region
Raspadskaya/ coking coal company with three mines and one open pit in Mezhdurechensk, Kemerovo region, EVRAZ owns 82% of Raspadskaya

Vanadium

EVRAZ Vanady Tula
EVRAZ Nikom
EVRAZ East Metals AG

Sales and logistics

Metallenergofinance MEF, supplying electricity and heat for Evraz facilities
Nakhodka Commercial Sea Port in the Russian Far East, handling most of Evraz' exports
Trading House EvrazHolding/TH EvrazHolding working in domestic sales
Trading House EvrazResource/TH EvrazResource working in domestic sales

Corporate structure

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 Greenleas International Holdings of a 50% interest in Lanebrook Ltd., an entity controlled by the principal shareholders of Evraz Group.[23]

type	Public limited company
traded as	mcx: EVRAZ
foundation	1992 (Moscow)
location	Moscow, Russian Federation
revenue	US$13.224 billion (2021)‡R1R‡
operating income	US$4,583 billion (2021)‡R1R‡
net income	US$3.524 billion (2021)‡R1R‡
industry	Steel Mining
owner	Roman Abramovich (30.5%)
products	Steel Steel products Vanadium slag Iron ore Coal
num employees	71,591 (2021)‡R1R‡
homepage	https://www.evraz.com

History

Operations

Steel

Ore

Coal

Vanadium

Sales and logistics

Corporate structure

Owners and management

See also

External links

References