The Evraz Group S.A., which owns a majority share of Strategic Minerals Corp. (Stratcor), consolidated its global vanadium sales and marketing activities serving the steel industry into its wholly-owned marketing organization, East Metals S.A., based in Lugano, Switzerland. The change affects the marketing of ferrovanadium, produced from Evraz’ own vanadium oxide, and Nitrovan vanadium produced by Vametco Alloys (Pty) Ltd in South Africa. As part of this consolidation, East Metals has established an independent office in Pittsburgh that will serve the company’s North American steel customers. The change does not affect the rest of the Stratcor organization, which is also part of the Evraz Group. As a result, Stratcor Inc. will continue to operate the Hot Springs, Arkansas plant and its Pittsburgh office will continue to market the products produced at Hot Springs and related facilities. Those products are primarily the master alloys used by the titanium industry and the vanadium catalysts used by the chemical industry.