23.10.2014 Views

Presentation - Severstal

Presentation - Severstal

Presentation - Severstal

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Benefits from Vertical Integration<br />

<strong>Severstal</strong> captures margin in its integrated operations even when raw materials prices are surging<br />

USD/t<br />

$350<br />

Steel Prices vs. Raw Materials, $<br />

USD/t<br />

$700<br />

$300<br />

$600<br />

$250<br />

$500<br />

$200<br />

$400<br />

$150<br />

$300<br />

$100<br />

$200<br />

$50<br />

$100<br />

$0<br />

Q1 2010 Q2 2010 Q3 2010<br />

$0<br />

HRC, USD/t, FOB Baltic Sea, rhs<br />

Iron ore concentrate, CPT, CherMK<br />

Scrap, CPT, CherMK<br />

Coking coal, CPT, CherMK<br />

Iron ore pellets, CPT, CherMK<br />

Source: SBB HRC (FOB Black Sea terms), company data (Raw (CPT terms).<br />

8

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!