Evraz NA: Divestment From Russian Parent Will Strengthen Company

Chicago-based Evraz North America is encouraged by its Russian parent company’s decision to divest its North American assets. The steelmaker said the move would provide increased certainty for its North American operations and employees.

Evraz plc’s announcement of a sale “strengthens our long-term stability and will allow us to continue to lead in the markets where we have enjoyed success in the past,” Don Hunter, senior vice president of Evraz NA’s Portland, Ore., business unit, wrote in a letter to customers dated Wednesday, Aug. 10.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.