Prudent CAPEX
Key investment projects
Steelmaking
Rail and beam mill modernisation at EVRAZ NTMK
Increase production of beams, sheet piles and HH rails.
Key developments in 2019
Mill equipment supplier selected, ‘Define’ phase approved and contract signed.
Integrated flat casting and rolling facility at EVRAZ ZSMK
Improve the profitability of EVRAZ’ product portfolio by replacing semi-finished products with hot-rolled sheets and coils a year.
Key developments in 2019
Technical proposals developed for engineering and equipment supply.
Budget and project scope clarified based on proposals from equipment suppliers.
Main technical and economic indicators developed for production of flat products with potential technology suppliers.
Mining
Sobstvenno-Kachkanarsky deposit greenfield project
Maintain raw ore production.
Key developments in 2019
Working documentation developed, land lease issued.
Tashtagolsky deposit reconstruction at EVRAZ ZSMK mining site
Increase annual ore production of Tashtakolsky deposit with partial switch to sublevel caving using mobile equipment.
Key developments in 2019
Subsoil use licence acquired to explore and mine iron ore.
Design documentation developed and submitted to relevant government agencies for consideration.
Basic technological equipment supplied.
Key maintenance projects
Blast furnace No. 6 major overhaul at EVRAZ NTMK
Maintain pig iron production volumes.
Key developments in 2019
Strengthened foundation of axial cyclone and central hub, installed furnace shell and air heaters.
Converter No. 4 technical performance improvement at EVRAZ ZSMK
Extend operations of converter No. 4 and improve technical and economic performance with replacement of drive, waste heat boiler, gas purification and upgrade of gas exhaust path.
Key developments in 2019
Selected main equipment suppliers.
Received equipment for waste heat boiler, has purification and gas exhaust at warehouse.
Selected contractor to replace waste heat boiler and gas exhaust.
Started top assembly of waste heat boiler.