Evraz anticipates ‘significant’ pickup

Jan 18, 2013 | 03:42 PM | Thorsten Schier

Tags  Evraz North America, North America, tubing, construction, railway, flat-rolled, Thorsten Schier

NEW YORK — Evraz Plc expects a "significant" pickup in its order book and "positive pricing dynamics" in the U.S. flat products market in the first quarter.

The optimism follows a year when the London-based company, which owns Chicago-based Evraz Inc. North America, saw both crude and finished steel production rise at its U.S. operations, although prices for all products except tubulars fell.

Evraz’s crude steel production in North America totaled 2.42 million tonnes last year, up 3.9 percent from 2.33 million tonnes in 2011, according to the company’s annual production report, while finished steel output of 2.66 million tonnes was up 0.6 percent from 2.65 million tonnes.....

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