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Evraz steel, iron-ore product sales fall in Q1 as quarterly production slips | 29 April 2021

29 April 2021 | 08:04am StockMarketWire.com - Mining company Evraz reported a fall in steel, iron-ore product sales in the first quarter of the year, as output fell owing to unscheduled maintenance. Total sales of steel products dropped by 9.9% quarter-on-quarter, driven primarily by lower sales of semi-finished products amid reduced steel availability, the company said. Consolidated crude steel output fell by 1.7% quarter-on-quarter, owing to unscheduled downtime of the sintering machine at EVRAZ ZSMK, it added. Total raw coking coal production climbed by 7.8% quarter-on-quarter, with coal concentrate production up 3.6%. External sales of iron ore products fell by 30.1% quarter-on-quarter, external sales of vanadium products fell by 19.7%.

FTSE 100 index trading guide: constituents, market hours and how to trade

What is the FTSE 100? The FTSE 100 is a stock index that tracks the 100 largest publicly-traded companies listed on the London Stock Exchange (LSE). The companies are ranked by market capitalisation – the combined value of the FTSE 100 is worth more than 80% of the entire LSE’s market cap. The FTSE 100 is used as a benchmark for the economic health of the UK. If the price of the index rises, the constituents share prices are rising, which generally indicates a positive economic situation. Whereas a falling FTSE is a sign that the companies (and the wider economy) are experiencing a period of contraction.

Investegate |Evraz Plc Announcements | Evraz Plc: Dividend - determination of currency amounts

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U K Intervenes in Planning Decision Over Cumbria Coal Mine

U K Intervenes in Planning Decision Over Cumbria Coal Mine
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