2017 Financial Results

Last year’s cost-cutting initiatives delivered the EBITDA effect of US$163 million. Combined with a US$104 million gain from customer-focus efforts, EVRAZ’ total EBITDA effect from initiatives was US$267 million in 2017.

In 2017 EBITDA reached US$2,624 million, up 70.2% from US$1,542 million in 2016, boosting the EBITDA margin from 20.0% to 24.2% and increasing free cash flow to US$1,322 million.

EBITDA, US$ million
Free cash flow, US$ million