Medium term view - EVRAZ PLC : The background trend is clearly bullish.
The background trend is clearly bullish. The correction is gaining traction.It is too early to qualify this action as a bearish reversal. The trend would be invalidated below the support at
295.70 p.
Evraz engages in the production and distribution of steel and related products and coal and iron ore mining. Co. also produces vanadium products. Co. has four segments: Steel, which includes production of steel and related products at all mills except for those in North America, and includes the extraction of vanadium ore and production of vanadium products, iron ore mining and enrichment and certain energy-generating companies; Steel, North America, which includes production of steel and related products in the U.S. and Canada; Coal, which includes coal mining and enrichment; and Other operations, which includes energy-generating companies, shipping and railway transportation companies.
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