Evraz Plc · LSE:EVR
Evraz — Q1 2021 Earnings Presentation
19 slides from Evraz's earnings presentation, Apr 30, 2021
Slide 1: Q1 2021 Trading update
Q1 2021 Trading update Management Call 30 April 2021
Slide 2: Disclaimer
Disclaimer This document does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or acquire securities of EVRAZ plc (“EVRAZ”) or any of its subsidiaries in any jurisdiction (including, without limitation, EVRAZ Group S.A.
Slide 3: Introduction
Introduction Nikolay Ivanov Chief Financial Officer
Slide 4: Q1 2021 highlights
Q1 2021 highlights Сonsolidated crude steel output fell by 1.7% QoQ mainly due to unscheduled downtime of the sintering machine at EVRAZ ZSMK Total sales of steel products dropped by 9.9% QoQ, driven primarily by lower sales of semi-finished products amid reduced steel availability due to lower
Slide 5: Q1 2021 total numbers
Q1 2021 total numbers Q1 2021/ Q1 2021/ Product, kt Q1 2021 Q4 2020 Q4 2020, Q1 2020 Q1 2020, change change Total crude steel production 3,409 3,467 -1.7% 3,559 -4.2% Russia 2,921 3,044 -4.0% 3,121 -6.4% North America 488 423 15.4% 438 11.4% Total raw coking coal mined 6,492 6,021 7.8% 5,692 14.1% T
Slide 6: Global trends in Q1 and outlook for Q2 2021
Global trends in Q1 and outlook for Q2 2021 China's restrictions on Australian coal imports led to a fall in prices on FOB Australia basis, however Australian coal supply remains high thanks to “take or pay” agreements with ports and railways. A low-priced environment looks to stay in Q2 2021 Ir
Slide 7: Cash costs
Cash costs Iron ore products cost increased QoQ due Slab cash-cost increased QoQ mainly due Washed coking coal cash-cost increased to lower production volumes and unfavorable to higher raw material prices QoQ mainly due to change in product mix forex effect Cash cost of slab of Russian steel plants,
Slide 8: Steel segment
Steel segment Nikolay Ivanov Chief Financial Officer
Slide 9: Steel segment - production
Steel segment - production Output of iron ore products decreased by Pig iron production decreased by 5.9% 6.8% QoQ due to unscheduled equipment QoQ, mainly due to lower iron ore products Crude steel output went down by 4.0% downtime at EVRAZ ZSMK as well as due to output at EVRAZ ZSMK. Another facto
Slide 10: Steel segment - sales
Steel segment - sales Sales of iron ore products went down by Sales of construction products declined 30.1% QoQ following decline in Fe content in Sales of semi-finished products by 6.0% and railway products by 12.8% mined ore and severe weather conditions at decreased by 17.6% QoQ due to reduced Qo
Slide 11: Vanadium
Vanadium Sales of vanadium products fell by 19.7% The average Ferrovanadium MB index has Gross slag production volumes declined QoQ due to serving the more active Chinese increased to $30.9/kgV in Q1 2021, QoQ due to scheduled equipment oxide market (supported by destocking) as supported by strong d
Slide 12: Coal segment
Coal segment Evgeny Terekhov Commercial Director, Coal division
Slide 13: Coal segment - production
Coal segment - production Raw coking coal output climbed by 7.8% QoQ, most of the growth came from the Novokuznetsk site, where the Uskovskaya mine finished moving to a new longwall and the Erunakovskaya mine dealt with the impact on its production from higher gas levels in Q4 2020 Mezhdurechens
Slide 14: Coal segment - sales
Coal segment - sales External sales volumes of coking coal concentrate grew by 5.4% QoQ amid higher production volumes External sales volumes of raw coking coal fell by 44.3% QoQ, due to a change in the product mix as the Group worked to maximise concentrate shipments Intersegment sales volume
Slide 15: Steel, North America segment
Steel, North America segment Olesya Afanasyeva Chief Financial Officer, EVRAZ North America
Slide 16: Steel, North America segment
Steel, North America segment Crude steel production climbed by 15.4% QoQ amid quick recovery of demand for flat products from the market downturn caused by the COVID-19 pandemic driving the increased output of EVRAZ Regina (Canada), accompanied by higher production at EVRAZ Pueblo (US) due to impr
Slide 17: Outlook
Outlook Nikolay Ivanov Chief Financial Officer
Slide 18: Operational outlook for Q2 2021
Operational outlook for Q2 2021 Steel segment In Q2 2021, pig iron production volumes are expected to slightly increase following the completion of equipment downtime in Q1 2021 at EVRAZ ZSMK Iron ore pellets and sinter production volumes are expected to remain flat Coal segment In Q2 2021
Slide 19: [email protected]
=EVRAZ 1 +7 495 232 1370 M [email protected]