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Evraz has a 2019 to forget

Earnings, dividend down as steel prices fall
February 27, 2020

Evraz’s (EVR) share price has plunged in recent months and its 2019 numbers back up investors’ wariness. The Russian steel producer, which also mines its own iron ore, coal and vanadium, was hit by a drop in steel demand in Europe and the vanadium price tanking. High iron ore prices in the first half also hit steel margins.

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