2018 Financial Results

The cost-cutting and productivity improvement initiatives generated an EBITDA effect of US$273 million. Combined with customer focus efforts totalling US$67 million EBITDA, EVRAZ total EBITDA effect reached

US$ 340 million
in 2018

In 2018, overall EBITDA reached US$3,777 million, up 44% year-on-year, driving the EBITDA margin up to 29.4% from 24.2% in 2017.

EBITDA, US$ million
Free cash flow, US$ million