The Russian mining and steel producer Evraz Group has released updated results for the first nine months of 2009.
Accordingly, during the period in question, Evraz's revenue amounted to about $7.12 billion, its adjusted EBITDA was $874 million with an adjusted EBITDA margin of 12.3 percent, its capital expenditures amounted to $321 million, while its cash and cash equivalents at the end of September 2009 stood at approximately $1.138 billion. The company's total debt as of September 30, 2009 amounted to approximately $8.417 billion, including $3.421 billion of short-term loans and the current portion of its long-term debt. The company did not issue year-ago comparative figures.
Evraz's total steel product sales in January-September this year amounted to 10.7 million mt, including 3.99 million mt of semi-finished products, 3.11 million mt of
construction products, 1.495 million mt of flat rolled products, 1.17 million mt of railway products, 528,000 mt of
tubular products, and 121,000 mt of
pig iron. Evraz's
iron ore sales volume, including intersegment shipments, totaled 13.8 million mt.
During the period in question, Evraz's coal sales, including intersegment shipments, amounted to nine million mt, including 3.1 million mt of raw
coking coal, 2.7 million mt of steam coal and 2.9 million mt of
coking coal concentrate.