Key performance indicators

EVRAZ performance is assessed against several key performance indicators (KPIs), which are linked to our strategic priorities.

Financial
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KPI EBITDA, US$ million Free cash flow, US$ million 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
Further details Read more on Definitions of selected alternative performance measures Read more on Definitions of selected alternative performance measures Read more on Definitions of selected alternative performance measures Read more on Definitions of selected alternative performance measures Read more on Definitions of selected alternative performance measures
Non-financial
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KPI Labour productivity, steel, tonnes per person LTIFR (excluding fatalities), per 1 million hours 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
Relevance to strategic priorities or basis
  • Retention of low-cost position
  • Sustainable development
  • Sustainable development
Further details Read more on Definitions of selected alternative performance measures Read more on Definitions of selected alternative performance measures Read more on Definitions of selected alternative performance measures