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 ...

The analytical service of “Metal Supply & Sales” Magazine continues publishing the “MSS-TM index” (Market Temperature). The value of this index is determined through expert surveys on a weekly basis. Russian steel companies raised prices for hot-rolled plate and coil in May, and planned to raise quotations for these types of steel products again in June. But the market environment, according to experts' feedback, does not favor this. According to their estimates, sales and consumer demand for ...

The analytical service of “Metal Supply & Sales” Magazine continues publishing the "MSS-TM index" (Market Temperature). The value of this index is determined through expert surveys on a weekly basis. The pause for the May holidays did not change anything on the Russian market of steel products. As before, rebar still holds the strongest positions on it. Many experts report an increase in sales in the middle of May and note a rather high demand. At the same time, hot-rolled steel remains an outsider. ...

EN+ GROUP IPJSC (the “Company”, “En+” or the “Group”) (LSE: ENPL; MOEX: ENPG), the world’s leading vertically-integrated independent producer of low-carbon aluminium and renewable energy, announces that on 28 April 2025 its Board of directors has reviewed and preliminary approved its 2024 Consolidated (Annual) report (hereinafter referred to as the Consolidated report). It is available on the Company's website in PDF format. Subscription to news

The analytical service of “Metal Supply & Sales” Magazine continues publishing the MSS-TM Index (Market Temperature Index). The index value is determined through weekly expert surveys. The sharp cold snap and snowfalls in the first week of April had a noticeable impact on the Russian steel market. Several experts noted a decline in sales and a narrowing of consumer demand compared to late March. Despite this downturn, rebar remained in positive territory. The deterioration in market conditions, ...