Russia-based steelmaking and mining giant Evraz has announced its preliminary audited results for the year ended 31 December 2012.
In the given year, Evraz registered sales revenues of about $14.726 billion, decreasing 10.2 percent compared to the previous year. The consolidated adjusted EBITDA of Evraz for the year was $2.012 billion, 30.6 percent lower than in 2011. The group's total debt as of December 31, 2012 amounted to $6.184 billion, decreasing four percent from its debt levels at the end of 2011.
In 2012, Evraz produced 15.9 million mt of crude steel, down five percent year on year. Total steel products sales for the year in question amounted to 15.3 million mt, down one percent from the previous year.
Source:
http://www.steelorbis.com/steel-news/latest-news/evraz-posts-102-percent-fall-in-sales-revenues-for-2012-752434.htm
