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EVRAZ announces that due to unfavourable market conditions it has been decided to temporarily suspend operations at EVRAZ Palini e Bertoli's (Italy) plate mill starting from 20 August 2013. EVRAZ is expecting the operation to remain idle until at least the end of October 2013. The Company will closely monitor the developments in the European plate market and any further decisions on reopening will be subject to prevailing market conditions. EVRAZ Palini e Bertoli remains committed to duly perform under all existing arrangements and will execute all shipments under the current order book. After the suspension of EVRAZ Palini e Bertoli customer orders will be channeled to other facilities of EVRAZ to the extent possible.
|11/04/2012||International Steelmaker Evraz Group S.A. Proposed Eurobond Assigned 'B+' Issue Rating (Recovery Rating: '4')|
|11/04/2012||Fitch Affirms Evraz Group S.A. at 'BB-'; Assigns Prospective Eurobond Issue 'BB-(exp)'|
|11/04/2012||Moody's assigns (P)B1 rating to Evraz's proposed senior unsecured notes|