Evraz Group terminated the demerger of Raspadskaya.

Evraz Group, a multinational vertically integrated steel manufacturing and mining company, terminated the demerger of Raspadskaya, a Russia-based coal-mining company. "In light of the unprecedented sanctions against Russia and Russian special economic measures in response to sanctions, which were outside of control of the company, execution of the transaction became technically impossible and the decision has been taken not to proceed with the demerger," Evraz.