OREANDA-NEWS. January 18, 2011. Evraz Group S.A. (LSE: EVR) today released its operational results for the fourth quarter of 2010 and full year 2010.

HIGHLIGHTS:
Production of steel and major rolled products recovered in 4Q10 following the completion of scheduled maintenance at Evraz’s Russian steel mills in 3Q10
Pricing for major product groups generally increased or remained flat, reflecting the gradual recovery in all the world markets
Coking coal production recovered in 4Q10 and increased 36.7% compared to the previous quarter
Despite positive pricing and production trends, our 4Q10 EBITDA guidance remains unchanged since the 3Q10 trading update due to an increase in certain cost items, both seasonal (energy), and non-seasonal (staff costs, rising costs of raw materials).