EVRAZ plc reported consolidated production results for the fourth quarter and full year of 2013. For the quarter, the company reported consolidated crude steel production was broadly flat in fourth quarter of 2013 vs. third quarter of 2013. Output of gross steel products remained unchanged vs. third quarter of 2013 supported by export demand for Russian made semi-finished products and a strong order book for tubular products in North America while the output of construction products showed seasonal decline. Share of finished steel products decreased to 69% in fourth quarter of 2013 vs. 75% in third quarter of 2013 due to seasonal factors and redistribution of production at the Russian steel mills towards semi-finished products. Output of iron ore products were decreased by 10% in fourth quarter of 2013 as a result of the disposal of EVRAZ VGOK in October 2013. Consolidated raw coking coal output grew 5% driven by increased mining volumes at Yuzhkuzbassugol, and despite two of the mines of the Raspadskaya coal company being closed for repositioning of long walls. In fourth quarter of 2013, total production of vanadium in slag increased by 13% compared to third quarter of 2013, as a result of a higher pig iron production at EVRAZ NTMK in Russia and EVRAZ Highveld Steel and Vanadium in South Africa. Coke (saleable) was 283,000 tons. Pig iron was 3,158,000 tons. Crude steel was 3,989,000 tons. Steel products, gross were $13,924,000 tons. Steel products, net of re-rolled volumes were 3,728,000 tons. Total production of vanadium in slag increased by 13% compared to third quarter of 2013, as a result of a higher pig iron production at EVRAZ NTMK in Russia and EVRAZ Highveld Steel and Vanadium in South Africa.

For the year, the company reported consolidated crude steel production and gross output of steel products increased by 1% and 2% respectively, despite suspensions in Europe and North America with Russian, Ukrainian and South African operations contributing to the overall growth. Production of saleable iron ore products were decreased by 1% in 2013 as a result of the ongoing restructuring programme within the iron ore business which resulted in the disposal of EVRAZ VGOK and certain mines of Evrazruda. The coking coal business of the group increased the output Of raw coking coal in 2013 by 22% with both key assets Yuzhkuzbassugol and the Raspadskaya coal company contributing significantly to the growth. Coke (saleable) was 1,380,000 tons against 1,416,000 tons a year ago. Pig iron was 12,553,000 tons against 12,031,000 tons a year ago. Crude steel was 16,109,000 tons against 15,932,000 tons a year ago. Steel products, gross was $15,972,000 tons against 15,701,000 tons a year ago. Steel products, net of re-rolled volumes were 14,673,000 tons against 14,195,000 tons a year ago. Vanadium in slag (gross production) was 21,077 tons against 21,060 tons a year ago.