Despite the 38% revenue growth in the first half of 2010 (the figures reached $6.38bn), Evraz Group did not resume making profit. The enterprise’s net loss amounted to $270m in January-June 2010 due to assets re-evaluation and their resulting depreciation, RBC daily reports.

The company’s affairs don’t look as good as they could since Evraz failed to leave its losses in the past: even though these losses shrank by 3.7 times in the first half of the year, they still come to the impressive $270m.