Evraz Output Drops Three Pct

Reuters reported that production from Russian steel company Evraz (LON:EVR) dipped in the third quarter by 3 percent, due to lower production at its Czech and South African centres.

As quoted in the market report:

Evraz shut its Czech steel production line Vitkovice Steel earlier this month due to a low demand. The operations at Evraz Highveld, its steel and vanadium asset in South Africa, were frozen for roughly a month earlier this year following a strike.

To view the whole Reuters report, click here.