Research (J&T BANKA)
Czech markets  |  April 12, 2013 08:58:24

Evraz Vitkovice Steel is considering selling


Due to the decline in demand Evraz is considering the sale of its Czech operations (Evraz Vitkovice Steel). Evraz recently announced a temporary suspension in Vitkovice steel works, probably for a month. Steel plant was temporarily suspended already in the last quarter of last year and again drove the third January. Evraz is a major customer of Arcelor Mittal Ostrava, which buys about a third of coking and thermal coal almost a tenth of NWR. Potential uncertainties regarding coal sales should be zaceněna in equities.

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Evraz zvažuje prodej Vítkovice Steel

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