Russian mining and steel producing company Evraz Group has announced its financial results for 2013, registering a net loss of $572 million, widening from a net loss of $425 million in 2012. The company's sales revenues decreased by 2.1 percent year on year to $14.4 billion.
In the given year, Evraz's steel segment revenue amounted to $12.54 billion, declining by seven percent compared to 2012. In 2013, Evraz produced 16.1 million mt of crude steel, up one percent, while external steel product sales amounted to 15.5 million mt, rising one percent, both year on year.
Source:
http://www.steelorbis.com/steel-news/latest-news/evraz-posts-increased-net-loss-for-2013-822753.htm
