SOUTH AFRICAN IRON AND STEEL INSTITUTE
24 November 2014 - Evraz Highveld Steel and Vanadium Limited - Group unaudited results for the 9 months ended 30 September 2014
- Net loss R519 million (September YTD 2013: loss R222 million)
- EBITDA loss R262 million (September YTD 2013: profit R93 million)
Key Financials
The operating loss for the 2014 period was R483 million, compared to a loss of R149 million for the same period in 2013, mainly attributed to increased maintenance costs, poor rolling mill yields and SEIFSA strike action in July that affected the company's ability to dispatch material. The EBITDA for the period was a negative of R262 million, compared to a R93 million profit for the same period in 2013.
Source: www.evrazhighveld.co.za
Associated Bodies
Southern Africa Stainless Steel Development AssociationThe Association Sassda, (Southern Africa Stainless Steel Development Association), is one of the m… Read more: Southern Africa Stainless Steel Development Association |
Southern African Light Steel Frame Building Association (SASFA)A division of the Southern Africa Institute of Steel Construction (SAISC) reg no. 1956/001307/08… Read more: Southern African Light Steel Frame Building Association (SASFA) |
Steel and Engineering Industries Federation of Southern AfricaMission and vision Our mission.. SEIFSA is an employer federation that represents and promotes… Read more: Steel and Engineering Industries Federation of Southern Africa |
The Association of Steel Tube and Pipe Manufacturers of South AfricaThe ASTPM is a non-profit trade association representing the major welded carbon steel tube and pip… Read more: The Association of Steel Tube and Pipe Manufacturers of South Africa |
Visit the HAZCOM website for general information on hazardous material in the metallic raw material recycling industry.
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