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05 Aug
12:22

Evraz boosts profit, expects steel prices to decline

Miner and steelmaker Evraz expect global markets to remain fairly healthy in the second half of 2021, despite a possible correction in steel prices. The company's consolidated revenue increased by 24% on-year in H1 to $6.17 billion, while Ebitda was up 94% to $2 billion and net profit increased 67% to $1.2 billion. This was on the back of higher steel, vanadium and coal product sales prices, Evraz tells Kallanish. “We …
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