Effect from efficiency improvement programme, US$ million (cost cutting + customer focus)
Cash cost of slab, US$ per tonne
Cash cost of coal concentrate, US$ per tonne
Data
What does it mean?
Our financial performance
Our ability to generate free cash flow from the current business
The effect of our efforts to generate and implement efficiency improvements initiatives
Our integrated cash-cost per tonne of slab for Russian steel plants
Our cash-costs per tonne of washed coal products
How did we perform in 2019?
The decline comparing to 2018 is primarily attributable to lower vanadium and coal product sales prices, as well as higher expenses for raw materials (mainly increased iron ore prices)
The decline comparing to 2018 is primarily attributable to lower EBITDA and increased capital expenditures
The efficiency programme generated its additional effect mostly through productivity growth, yield improvements and numerous savings projects. Customer focus initiatives generated additional effect a result of sales efforts in wheels, beams, grinding balls and large diameter pipes as well as to improvements in logistics efficiency
Cash cost of slab increased following change in blast furnace charge as higher percentage of more expensive pellets were added in the mix at EVRAZ ZSMK as well as due to the higher prices for raw materials and increased salary expenses
Coking coal concentrate cash cost decreased as a result of increased mining volumes
Relevance to strategic priorities or basis
Retention of low cost position
Development of product portfolio and customer base
Debt management and stable dividend
Prudent CAPEX
Retention of low cost position
Development of product portfolio and customer base
Retention of low-cost position
Development of product portfolio and customer base
Retention of low-cost position
Development of product portfolio and customer base
EVRAZ business system
Retention of low cost position
Development of product portfolio and customer base
GHG intensity ratio, tCO2e per tonne of crude steel
Data
What does it mean?
Productivity of our workforce
Key indicator of the Group’s health and safety performance
The effect of our efforts to reduce the carbon footprint of our production
How did we perform in 2019?
Labour productivity increased as a result of higher production volumes at EVRAZ steel mills
The increase in this key metric was primarily caused by an incident involving a crew bus in February 2019 in which eight colleagues lost their lives and 16 people were seriously injured
Intensity ratio decreased due to more effcient operation of Blast Furnace shop at EVRAZ ZSMK in 2019 and exclusion of EVRAZ DMZ (cease of operations in Ukraine) as from Q1 2018