Operational model
Proved
and probable reserves
10.0 bln t of iron ore 1.9 bln t of coking coal and probable reserves
Self-coverage
81% in iron ore 184% in coking coal Number of employees
(as of 31.12.2017) 49,123 in Steel segment 13,402 in Coal segment 3,578 in Steel, NA segment Operations
| Iron ore products consumption | 19,047 kt |
| Internal consumption | 13,198 kt |
| 3rd parties’ iron ore products purchases | 5,849 kt |
| 3rd parties scrap purchases | 1,668 kt |
| Coking coal products consumption | 9,668 kt |
| Coal segment coal products | 5,778 kt |
| 3rd parties raw coal | 1,622 kt |
| 3rd parties concentrate | 2,268 kt |
| 11,320 kt | |
| 12,285 kt | |
| 18,636 mtV |
| 11,263 kt | |
| 11,359 mtV |
| 5,735 | |
| 3,750 | |
| 1,281 | |
| 511 | |
| 51 | |
| 551 |
IRON ORE PRODUCTS 2,932 kt
VANADIUM PRODUCTS (SALEABLE) 15,672 mtV
The Steel segment’s EBITDA
improved, reflecting higher steel and vanadium prices and the effects of cost-cutting initiatives implemented in 2017. This was partially offset by an increase in expenses in US dollar terms as a result of the rouble’s strengthening impact on costs, as well as by rising prices for raw materials such as coal, iron ore and scrap. US$ 1,483 million
EVRAZ’ unique combination of reserves, operations, product quality and clients make its Coal segment a crucial pillar of the business model. The synergy between the steelmaking and coal operations, combined with a broad export client base, provides the opportunity for further development of the coal business.
| 23,306 kt | |
| Sales to Steel segment | 1,160 kt |
| Total coking coal concentrate production | 13,060 kt |
| Sales to Steel segment | 4,618 kt |
| 8,197 | |
| 2,302 |
The Coal segment’s EBITDA
increased year-on-year largely driven by higher sales prices in line with global benchmarks. US$ 1,226 million
| 3rd parties scrap puchases | 1,151 kt |
| Slab purchases Including 539 kt from Steel segment and 4 kt from 3rd parties. | 543 kt |
| 1,748 kt |
| 1,851 kt |
| 749 | |
| 512 | |
| 376 | |
| 241 | |
| 7 |
The Steel, North America segment’s EBITDA
increased year-on-year, supported by greater revenues from sales of tubular, railway and flat-rolled products as well as higher expenses in prior year connected with suspension of production. This was partly offset by higher prices for scrap and purchased semi-finished products. US$ 58 million