EVRAZ’s 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. The Group’s vanadium business is based on processing vanadium slag from steelmaking operations.Learn more
EVRAZ is a global steel and mining company and the leading producer of infrastructure steel products with low-cost production along the value chain
- Among the top 30 global steel producers
- Key assets in Russia and North America
- FTSE 100 constituent
- Sales to more than 70 countries
- No. 1 in the Russian and American rail market
- No. 1 in the Russian beam market
- No. 1 in the Russian construction steel product market
- No. 1 in the American LDP market
- Located in the first quartile of the steel cash cost curve
- 79% self-sufficient in terms of iron ore and 239% in terms of coal
- The leader among metallurgical coal producers in Russia and among the top five global coal producers
EVRAZ’s strategy is based on five key success factors, which are crucial in achieving our corporate vision
Health, safety and environment
Safe work s minimises the risks for employees and for the production process
LTIFR< = 1.0х
Motivated employees achieve better results and generate more breakthrough ideas
Level of personnel engagement is in line with industry leaders
Responding to the evolving needs of our customers allows us to develop new products and solutions, thus creating additional value
Increase the share of value-added products
Application of new technologies and cost efficiency enable the Company to be a leader
Maintain the pace of efficiency improvements at 3% of COGS per annum
EVRAZ’s business system
A culture of continuous improvement leads to long-term competitiveness
100% coverage with EVRAZ’s business system (EBS)
EVRAZ has three business segments, which have their own areas of specialisation and specific competitive advantages
EVRAZ’s 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.Learn more
The Steel, North America segment focuses on the premium markets in the Western US and Canada, offering high-value-added products, including infrastructure steel, rails, large-diameter pipes and oil country tubular goods (OCTG).Learn more
A strong and competitive business model enables EVRAZ to set key priorities that are driven by market conditions and business fundamentals and to successfully accomplish them
Integrated flat casting and rolling facility at EVRAZ ZSMK.
2.6 mtpa of premium 1.2mm–25mm flat products instead of slabs and billets.
Total CAPEX US$490 million in term 2019–2022.
Long rail mill at EVRAZ Pueblo.
600 ktpa of
Total CAPEX US$480 million in term 2019–2022.
Rail and beam mill modernisation at EVRAZ NTMK.
230 ktpa volumes of beams and 50 ktpa of sheet piles, new types of rails instead of billets.
Total CAPEX US$215 million in term 2019–2021.
Continuous casting machine No. 5 at EVRAZ NTMK.
460 ktpa of cast pipe blanks for the domestic market instead of billets.
Total CAPEX US$120 million in term 2019–2021.
Blast furnace No. 6 major overhaul at EVRAZ NTMK.
Reconstruction of 2.5 mtpa blast furnace No. 6. After the project, the blast furnace No. 5 will shut down.
Total CAPEX US$150 million in term 2019–2021.
Tashtagol iron ore mine upgrade.
Increase Tashtagol mining volumes to 3.25 mtpa.
Total CAPEX US$108 million in term 2018–2019.
Construction of the blast furnace No. 7 at EVRAZ NTMK.
New 2.5 mtpa blast furnace No. 7 with better productivity and energy efficiency. Launched in Q1 2018.
Total CAPEX US$204 million in term 2016–2018.
Value that we create
EVRAZ’s experienced management team and corporate governance best practices provide the assurance that EVRAZ acts in the very best interest of its shareholders.Learn more
An increasing focus on the development of value-added products, improvements in shipping terms and tailored client services provide additional value to our customers around the world.Products
Development programmes and industry-leading working conditions make EVRAZ one of the most attractive employers in the regions where it operates.People
EVRAZ sees that business sustainability is ultimately connected with the prosperity of the regions where we operate and the satisfaction of local communities, which we support through social and improvement programmes.Сharity
EVRAZ contributes value to the government by providing construction and railway products for the development of infrastructure, and it is also one of the largest taxpayers and employers in Russia.
Suppliers and business partners
As a key buyer of auxiliary materials and services with above-board and transparent tendering processes, EVRAZ supports industrial’ growth and continual improvement.