Evraz Group S.A. will postpone two Russian projects because of situation deterioration in the market

Moscow. August 6. information agency "Interfaks" - the Group of Evraz Group S.A. in presentation confirmed transfer of projects on start of a foundry and rolling complex on" LLC "YEVRAZ" ZSMK" and modernizations of rail and structural productions on JOINT-STOCK COMPANY "YEVRAZ NTMK". The updated plans will be published at the bottom investors. Thus company continues modernization and construction new capacities to Pueblo (State of Colorado) on production rail production which was finally approved by board of directors in June. "In view of deterioration of conditions in the Russian steel market, management of companies reprioriteziroval the key...