Operational model

Proved
and probable reserves
10.0 bln t of iron ore 1.9 bln t of coking coal
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

Steel segment

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
Pig iron production
11,320 kt
Crude steel production
12,285 kt
Vanadium slag production
18,636 mtV
Steel products production
11,263 kt
Vanadium in final products (production)
11,359 mtV
steel products, kt
Semi-finished products
5,735
Construction products
3,750
Railway products
1,281
Flat-rolled products
511
Tubular products
51
Other steel products
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

Coal segment

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.

Total raw coking coal mined
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
Coking coal products, kt
Coking coal concentrate
8,197
Raw coal
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

Steel, North America segment

3rd parties scrap puchases
1,151 kt
Slab purchases Including 539 kt from Steel segment and 4 kt from 3rd parties. 543 kt
Crude steel production
1,748 kt
Steel products production
1,851 kt
steel products, kt
Tubular products
749
Flat-rolled products
512
Railway products
376
Construction products
241
Semi-finished products
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