PAO Severstal

Latest News

Severstal Ships Large-Diameter Pipes From Russia to Greece

30 August 2021 - In a statement last week, PAO Severstal said it completed its first delivery of large-diameter pipes from its Izhora Pipe Mill in the St. Petersburg Kolpino District, Russia, to a customer in Greece.

SMS group Upgrades Severstal Pickling Line

16 May 2017 - PAO Severstal has installed a new twin-head side trimmer on a pickling line at its Cherepovets plant in Russia, according to equipment supplier SMS group.

Vadim Larin Appointed CEO of Severstal Management

02 June 2015 - PAO Severstal, one of the world’s leading steel and steel-related mining companies, announced that Vadim Larin, previously COO of Severstal Management, has been appointed CEO of Severstal Management in line with Company’s plans announced earlier on 27 April 2015.

Severstal Agrees to Sell Ukrainian Enterprise

26 December 2014 - Russia’s PAO Severstal announced that its Austrian subsidiary Severstal-Trade Gmbh has entered into a definitive agreement to sell Dneprometiz to a private German company.

Severstal Changes Official Name to Comply with Russian Corporate Laws

25 December 2014 - Russia’s OAO Severstal has changed its name to PAO Severstal.

Severstal Completes Converter Upgrade, Environmental Improvement Program

04 December 2014 - The Cherepovets Steel Mill, one of the world’s largest integrated steel mills and part of the Russian Steel division of Severstal, has completed a maintenance project to upgrade its No. 1 Converter.

Severstal Plans to Build New Coating Shop in Cherepovets

06 November 2014 - OAO Severstal has launched a project to build a new coating shop at its Cherepovets site in Russia. The total investments in the project will exceed 6 billion RUB.

Severstal Completes Sale of Severstal North America

17 September 2014 - Severstal announced that it has completed the sale of its Severstal Columbus LLC and Severstal Dearborn LLC subsidiaries, collectively known as Severstal North America, to Steel Dynamics Inc. and AK Steel Corp., respectively.

Severstal Completes Sale of PBS Coals

01 September 2014 - Severstal announced that, via its wholly-owned subsidiary 7027940 Canada Ltd., the Company has completed the sale of PBS Coals Inc., a metallurgical coal producer located in Pennsylvania, USA, to Corsa Coal Corp., a Canadian public company.

Severstal Completes Sale of PBS Coals

Severstal Commences Shipments for the Power of Siberia Gas Project

29 August 2014 - OAO Severstal has commenced shipments of large diameter pipes for the Power of Siberia gas transmission system project. The pipes are manufactured at the Izhora Pipe Mill, which is part of Severstal’s Russian Steel Division.

Severstal Commissions New Long Product Mini-Mill in the Saratov Region

01 August 2014 - On 28 July 2014, OAO Severstal held the official presentation of the Balakovo Long Product Mill project in the Saratov Region of Russia.

Severstal Agrees to Sell U.S. Facilities for US$2.325 Billion

21 July 2014 - OAO Severstal has entered into separate definitive transaction agreements to sell its Severstal Columbus LLC and Severstal Dearborn LLC subsidiaries, collectively known as Severstal North America, to Steel Dynamics Inc. and AK Steel Corporation, respectively, for a total cash consideration of US$2.325 billion.

AK Steel To Acquire Severstal Dearborn

21 July 2014 - AK Steel has signed an agreement to acquire Severstal North America's integrated steelmaking assets located in Dearborn, Michigan for US$700 million in cash.

Steel Dynamics Inc. To Acquire Severstal Columbus

21 July 2014 - Steel Dynamics Inc. has entered into a definitive agreement to acquire 100% of Severstal Columbus LLC (Columbus) from OAO Severstal.

Severstal and McKinsey to Evaluate Production Efficiency of BOF Cherepovets Mill

18 July 2014 - The Cherepovets Steel Mill (CherMK), part of the Russian Steel division of OAO Severstal, announced the launch of a project in conjunction with McKinsey, a global consultancy, to improve efficiency of basic oxygen steel production.

Severstal Agrees to Sell PBS Coals

18 July 2014 - OAO Severstal’s wholly-owned subsidiary 7027940 Canada Limited has entered into a definitive agreement with Corsa Coal Corp., a Canadian public company, for the sale of PBS Coals Inc., a metallurgical coal producer located in Pennsylvania, USA.