Premarket London: Evraz Q3 Output Slumps on Weak N. American Demand

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Premarket London: Evraz Q3 Output Slumps on Weak N. American Demand
Credit: © Reuters.

Investing.com -- Here's a roundup of the regulatory news releases from the London Stock Exchange on Friday, 1st November. Please refresh for updates.

  • Russian-based coal and steel group Evraz (LON: EVRE ) said its total crude steel productions fell 3.4% in the third quarter from the previous three months, due largely to weaker demand at its U.S. and Canadian mills. Output at the Russian mills also dipped due to scheduled maintenance.

    • Output of coking coal also fell 9.7% on the quarter, as the company focused on whittling down unsold stocks. External sales of coking coal products were flat overall.

    External sales of iron ore products fell 31% on the quarter due to capital repairs at its KGOK complex.

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