Cyrrus (Cyrrus)
Czech markets  |  April 04, 2012 09:34:03

NWR: Evraz Vitkovice excludes closing operations

About future plans Evraz Vitkovice Steel speaks in an interview with HN chief Dmitry Scuka company. The current market conditions did not rule out different models of development, including the closure of other plants (after Evraz closed in January lossy operation producing profiles for construction). Evraz in addition to weak demand in some segments troubled by Scuka also higher costs than in other regions, partly because of stricter environmental requirements, including the need to start paying carbon credits. Scuka on the other hand, also did not rule out further expansion in Europe group, purchase of existing capacity of other producers.Note that Evraz is an important customer ArcelorMittal Ostrava, which in turn is a key customer NWR (takes about a third of salable production of coking coal NWR). The AMO is the very same time also have long speculated on the possible closure of Ostrava operations and move to Poland, Evraz problems could be one of the factors influencing these reflections. For NWR are certainly risks, but the market well and do not expect a significant response to acute NWR.

Marek Hatlapatka
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NWR: Evraz Vítkovice nevylučuje další uzavírání provozů

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