Prudent CAPEX

Key investment projects

EVRAZ Pueblo seamless threading

The project aim is to in-source seamless threading and coupling process from third-party providers to improve cost competitiveness.

Status

Equipment installation completed and commissioning commenced in Q4 2018, first order shipped in December 2018.

CAPEX in 2018
US$15 million

EVRAZ Red Deer heat treatment

The project aim is to develop heat treatment capability to access a higher margin market.

Status

Launched execution phase of the project.

CAPEX in 2018
US$13 million

Key maintenance projects

During 2018, the Group’s operations completed important maintenance projects:

  • At EVRAZ Portland, cooling bed repairs and mill leveler rebuild were completed;
  • At EVRAZ Pueblo, installed 2 new scrap cranes and repaired the furnace roof/hearth in the Seamless Mill;
  • At EVRAZ Regina, EVRAZ carried out installation of a new transformer for the Steel mill.
Evraz arc furnace