Annual report 2015

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Annual report 2015

Four success factors


Performance overview

In the challenging market environment, the Company’s management focused on deleveraging and maintaining the EBITDA margin at the current level. In 2015, the Company exceeded its target and improved its EBITDA margin to 32.6%.

Ivan Streshinsky
Chairman of the Board of Directors

Financial highlights

Revenue, USD billion

EBITDA, USD billion

EBITDA margin, %

Net income, USD billion

Capital expenditure, USD billion

Operating highlights

When developing Strategy 2023, we factored in a possible decline in global iron ore prices. A sharp drop in ore prices in 2015 reaffirmed our strategic focus on high value-added products.

Andrey Varichev

Iron ore production (including sintering ore), million tonnes

Pellet production, million tonnes

HBI/DRI production, million tonnes

Pig iron production, million tonnes

Crude steel production, mil lion tonnes

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