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Evraz’s positive outlook for Q4 offsets weak Q3 report

• The chart shows Evraz’s share price movements this month.
• The current share price is 546.8p (at time of writing).
• Shares -6.8% from 2018 highs; +60% from 2018 lows; +60% year-to-date
• Evraz Q3 steel production -10.3%, iron ore -3.8% but Coal +9.6%
• Pig iron production seen +3.5% in Q4 after furnace repairs, boosting steel output
• Q4 Steel output seen flat; tubular +5-10%, construction products +5-10%; rail +15-20% after Q4 outages
• Source: Bloomberg, FT, Reuters, DJ Newswires

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Trading Evraz – An Example

Let’s say you think that Evraz is likely to rise as a result of this news. You decide to buy exposure to £10,000 worth of Evraz using a CFD, at the current price of 545.5p. To do this, you need £2,000.

For the purpose of this example, let’s assume the Evraz share price rises by 5% following the news. Your profit would be £500, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Evraz shares fall back 3% and hits your stop-loss. Your loss would be £300

This is provided for information purposes only. It should not be taken as a recommendation.