EVRAZ' business model
EVRAZ’ business model has proven its efficiency during the ups and downs of the recent commodity cycle. We have now entered a period of stable development, ensured by our clear strategic vision and strong financial position.Alexander Frolov Chief Executive Officer
As part of its leadership drive, EVRAZ is implementing its strategy based on five key success factors.
EVRAZ’ strategic priorities reflect current focus areas that are driven by market conditions and business fundamentals.
Include:
Steel
EVRAZ’ Steel segment uses locally sourced raw materials to produce steel products in the CIS, which it sells for domestic infrastructure and construction projects while taking a flexible approach to exports.
See Steel segmentCoal
EVRAZ’ Coal segment provides raw materials for the Group’s steel mills, supplies coking coal to major domestic coke and steel producers, and exports its products to foreign customers.
See Coal segmentSteel, NA
The Steel, North America segment focuses on the premium Western US and Canada markets, offering high value added infrastructural, rail and LD/OCTG pipe steel products.
See Steel, North America segmentEVRAZ uses the synergies derived from its competitive advantages to ensure that its overall operations are able to generate, sustain and capture value over the long-term.
A premium portfolio of railway, construction and tubular products with firm footprint in Russian, North American and global markets.
The largest coking coal producer in Russia with an attractive portfolio of hard and semi-hard coking coal grades.
A sound base of steel and coal assets in the first quartile of the global cost curve.
Shareholders
EVRAZ strives to act in shareholders’ best interest by building an experienced management team and implementing corporate governance best practices.
Employees
EVRAZ is among the most sought-after employers in its regions of operation partly due to its staff development programmes and best-in-class working conditions.
Customers
EVRAZ generates value for its global clientele by prioritising value-added products, offering better shipping terms and running a client-oriented business model.
Suppliers and business partners
EVRAZ honours its position as a vital purchaser of auxiliary materials by fostering the advancement of its customers’ industries and running fair, transparent tenders.
Local communities
EVRAZ believes that conducting its business in a sustainable manner helps to promote regional prosperity where it operates and strives to create healthier, happier local communities by sponsoring social and economic development programmes.
Government
EVRAZ is one of Russia’s largest taxpayers and employers, and plays a valuable role for the state by providing construction and railway products for the development of infrastructure.