Evraz Group S.A. places euro bonds in dollars with the settlement in 6 years (the settlement is on March 20th 2023), Gazprombank reports.
Evraz has postponed a tender on the sale of “Evraz NTMP” in Nakhodka, the owner of Novoport, R. Trotsenko, said.
Evidently the deal will be held in another form, he said.
The process of flotation is separation of small solid particles in the liquid of a certain density. As a result the coal particles float to the surface.
Evraz plans to conduct a road show of new eurobonds. denominated in dollars, from March 6.
The miners of the Yerunakovskaya-7 mine have stared coal mining at the new longwall face 48-5.
Its reserves make up about 3 mln tons of coking coal of GJ mark.
Evraz increased coking coal supply to the Ukraine by 42%, up to 2 million tons in 2016 and plans to increase it up to 3 million tons in 2017, according to the company's annual report.
Evraz doesn’t plan to sell assets in 2017, the company’s general director Alexander Frolov reported during the conference call.
EVRAZ has announced its audited financial results for 2016.
In 2017, Evraz intends to supply about 200 thousand tons of hundred-meter rails to Russian Railways, Evraz’s president Alexander Frolov said during the conference call.
Evraz significantly reduced coal supply to the Ukraine in January-February due to the problems with railroad, CEO of Evraz, A. Frolov, said.