EVRAZ applauds Canadian Government's Approval of Northern Gateway

Pipeline will provide economic development and job creation

REGINA, SK, June 17, 2014 /CNW/ - EVRAZ North America applauds today's decision by the Canadian government to approve the Northern Gateway pipeline.  The approval, subject to the completion of 209 conditions outlined by the Joint Review Panel, is part of one of the most rigorous and thorough of its kind in Canadian history.

"We enthusiastically applaud this approval as it generates outstanding economic development for Canada through the direct creation of over 3,000 construction jobs and 560 long-term jobs in British Columbia," said EVRAZ North America President and CEO Conrad Winkler.  "With our Canadian workforce of over 2,200 employees in Saskatchewan and across Alberta, we are excited to bid on the opportunity to manufacture the high-quality pipe needed to supply this Enbridge project."   

EVRAZ North America is a wholly owned subsidiary of EVRAZ, one of the largest vertically integrated steel and mining businesses in the world. The company produces more than five million tons annually of flat, long and tubular steel products for major markets including infrastructure, defense, energy and rail. We have six operating facilities in Portland, Ore.; Regina, Saskatchewan; Pueblo, Colo.; Calgary, Camrose and Red Deer, Alberta. The company also owns 20 recycling facilities and is the number one producer of large diameter pipe, a leading producer of steel plate and the largest producer of rail in North America.

EVRAZ is a registered trademark of EVRAZ Group S.A. ©2014 EVRAZ Inc. NA. All rights reserved.

SOURCE: EVRAZ

For further information: Company Contact: Melodie Ruse, Senior Manager, External Communications - EVRAZ North America, melodie.ruse@evrazna.com, 312-533-3587

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