Iron and Steel

The EVRAZ steel profit in the first half of 2018 was increasing

The EVRAZ steel profit in the first half of 2018 was increasing
Mining News Pro - In the first half of this year, EVRAZ steel company announced an increase in sales profits.
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According to Mining News Pro - EVRAZ said its sales and sales revenue rose 24 percent to $ 6.3 million over the period.

This increase has been due to rising steel prices and lower costs, as well as steel recovery in global and international markets.

In the first six months of this year, the company`s profit reached $ 1.5 million compared to $ 294 million last year.

EVRAZ has said there is a possibility of a drop in steel prices in the second half of this year. However, EVRAZ is confident that its positive financial performance will remain stable.


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