one of the world’s largest vertically integrated steel and mining companies
among the world’s top steel producers based on crude steel production of 13.5 mt in 2016
russia’s leader in construction and railway product markets
north america’s No1 producer of rails and large diameter pipes
russia’s largest coking coal producer
19.7mtiron ore products output in 2016
22.3mtraw coking coal output in 2016
13.5mtcrude steel output in 2016
Steel, North America
* Change to the previously reported figures due to corrections of re-rolled volumes data
* In 2015, management changed the definition of segment expense and EBITDA to make these indicators more comparable with Russian steel peers. Segment expense and EBITDA have now been adjusted to not include social and social infrastructure maintenance expenses. As a result, the Group restated EBITDA for both financial reporting atnd management accounts purposes for the year ended 31 December 2014.
Net debt4,802US$ million10% yoy
CAPEX Including payments on deferred terms recognised in financing activities and non-cash transactions. 428 US$ million0% yoy
Net loss188US$ million74% yoy
1 The number of shares as per TR-1 Form: Notification of major interest in shares dated 7 June 2016. Includes pro-rata shareholding held via Lanebrook and additional shares held outside Lanebrook. 2 The number of shares as per Notification on PDMRs dealing dated 30 December 2016. 3 The number of shares is as per TR-1 Form: Notification of major interest in shares dated 6 February 2013. For Mr Kozovoy, includes shares held directly.