Evraz has obtained an OFSI license to sell its North American branch to the Atlas Holdings investment fund, with plans to sign the deal in the second half of 2025, the company said in a statement. The terms of the sale include an advance payment of $50 million and a deferred payment of up to $450 million. The company said that the latter was "payable subject to the achievement of certain milestones by the North America business following the closing of the Sale". We invite you to take part in ...

At the end of last year, the new international GOST 35087 standard for hot-rolled I-beam came into force. It replaced the GOST R 57837–2017 standard, which was limited to the Russian jurisdiction. This creates additional opportunities for supplying Russian steel structures to EAEU countries and will allow Russian steel structure manufacturers to ramp up production volumes, according to Dmitry Pukhnarevich, Head of Project Sales Directorate at EVRAZ STEEL. "The new international GOST has freed ...

At the end of last year, the new international GOST 35087 standard for hot-rolled I-beam came into force. It replaced the GOST R 57837–2017 standard, which was limited to the Russian jurisdiction. This creates additional opportunities for supplying Russian steel structures to EAEU countries and will allow Russian steel structure manufacturers to ramp up production volumes, according to Dmitry Pukhnarevich, Head of Project Sales Directorate at EVRAZ STEEL. "The new international GOST has freed ...