Prudent CAPEX strategy
The Group’s investment projects are aimed at further developing its competitive advantages, while maintenance investments are focused on supporting the sustainability of EVRAZ’ operations.
Realised investment projects
Construction of an LDP mill at Regina
- Produce 1 inch X70 pipe
- Reduce conversion cost by US$14 million annually
- Add 250 thousand tonnes of welding and 160 thousand tonnes of finishing capacity
Ongoing investment projects
Construction of the blast furnace no. 7 at EVRAZ NTMK
The new blast furnace no. 7 is slated to be launched in Q1 2018 with pig iron capacity of 2.5 mtpa to maintain stable volumes during the capital repair of blast furnace no. 6 in 2018-19. In 2018, pig iron production volumes could be lower due to the repairs, but they will reach more than 5 mtpa in the medium term.
Grinding ball mill construction at EVRAZ NTMK
A new grinding ball mill with 134 ktpa capacity. EVRAZ grinding ball production is expected to increase to more than 300 ktpa.