Prudent CAPEX strategy

Key investment projects

Steelmaking expansion at EVRAZ Regina

The aim of the project is to upgrade steelmaking facility, increase steelmaking capacity and improve quality.

Status

All equipment installation completed.

CAPEX in 2017 US$ 45 million

New LDP mill construction at EVRAZ Regina

The aim of the project is to install the new LDP mill in order to increase LDP production capacity.

Status

The mill continues ramping up as planned.

CAPEX in 2017 US$ 3 million

Seamless threading at EVRAZ Pueblo

The aim of the project is to install threading equipment for in-house threading of seamless pipe to reduce production costs.

Status

In progress.

CAPEX in 2017 US$ 4 million

Heat treat at EVRAZ Red Deer

The aim of the project is to expand heat treating capacity.

Status

In progress.

CAPEX in 2017 US$ 7 million

Key maintenance projects

During 2017, the EVRAZ North America’s operations completed the following maintenance projects:

EVRAZ Portland

Installation of transition rolls and repairs of the cooling beds.

EVRAZ Pueblo

The final phase of upgrades of the electrical drives in the wire rod mill.

EVRAZ Regina

The upgrade of the welder on the ERW welding line.