Evraz Reports Steel Production Increase of 11 Percent in Q1

Evraz plc (LSE:EVR) announced their results from Q1 operations.

As quoted in the press release:

In Q1 2013, EVRAZ’s overall production of crude steel increased by 11% compared to Q4 2012, mainly due to absence of overhauls and lengthy maintenance works at EVRAZ’s Russian and Ukrainian steel mills. The resumption of operations of the EVRAZ Vitkovice steelmaking shop in the Czech Republic also contributed to higher crude steel output in Q1 2013.

To view the whole press release, click here.