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PAO Severstal

Latest News

Severstal’s Izhora Pipe Mill Prepares for Major Project with New Equipment

07 March 2014 - The Izhora Pipe Mill, part of the Russian Steel division of OAO Severstal, has begun installing automated pipe measuring equipment to enhance efficiency for measuring out-of-roundness and billet curvature.

Severstal Increased HDG Automotive Sheet Production 44% in 2013

21 February 2014 - In 2013 OAO Severstal achieved maximum volumes of shipments from its hot-dip galvanizing line.

Severstal’s Shipments to Russian Pipe Manufacturers Up 10% in 2013

14 February 2014 - OAO Severstal delivered 1.8 million metric tons of rolled steel to Russia’s pipe manufacturers in 2013, a 10% increase compared to 2012.

Severstal's Karelsky Okatysh Upgrades Iron Ore Pellets

12 February 2014 - OAO Karelsky Okatysh, a major production and iron ore processing plant in Russia and part of OAO Severstal, has launched production of new iron ore pellets with a higher iron ore content.

Severstal Announces 2014 Capital Investment Program

10 February 2014 - OAO Severstal announced details of its 2014 investment program to support its development strategy and long-term competitiveness.

Severstal Announces Change in Corporate Secretary

21 January 2014 - OAO Severstal announced that Oleg Tsvetkov is stepping down as corporate secretary of the company.

Joint Venture of Severstal and Mitsui Begins Operation

20 January 2014 - Severstal-SMC-Vsevolozhsk, a joint venture of Mitsui and OAO Severstal in Russia, began production in December 2013 with its first 140 tonnes of blank metal parts.

Severstal Completes Maintenance at Cherepovets Steel Mill

20 December 2013 - The Cherepovets Steel Mill, part of the Russian Steel division of OAO Severstal, completed capital maintenance of its No. 2 converter.

Severstal Initiates Antidumping Investigation of Ukrainian Wire Rod

11 December 2013 - The Domestic Market Protection Department of the Eurasian Economic Commission has announced the start of an antidumping investigation after an application was filed by OAO Severstal and other Russian manufacturers.

Severstal Presents Energy Saving Achievements at Energy Efficiency Forum

29 November 2013 - During the Second International Forum on Energy Efficiency and Energy Saving ЕNЕS 2013, OAO Severstal presented the preliminary results of its 20-year efficiency program at integrated Cherepovets Steel Mill (CherMK), part of Severstal’s Russian Steel Division.

Severstal's Distribution Network Boosts Sales in First 9 Months of 2013

11 November 2013 - The Distribution Network of the Russian Steel division of OAO Severstal boosted sales to 858,000 tonnes for the first nine months of 2013.

Severstal's Izhora Pipe Mill Achieves European Accreditation

06 November 2013 - Severstal’s Izhora Pipe Mill has received certification allowing it to supply pipes to the European market, which would include the South Stream pipe line system’s on-land sections.

Severstal Reports Q3 and 9M 2013 Operational Results

25 October 2013 - OAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announced its operational results for the third quarter of 2013 and first nine months of 2013.

Severstal North America Appoints New Chief Financial Officer

16 September 2013 - Severstal North America (SNA), a leading steel producer in the U.S. and a subsidiary of OAO Severstal, one of the world’s largest steel and mining companies, announced the appointments of chief financial officer, Ms. Olga Petrova, and deputy chief financial officer, Mr. Michael Tuomey.

Severstal's Izhora Pipe Mill Completes Pipe Shipments for Central Asia–China Pipeline

16 September 2013 - The Izhora Pipe Mill (IPM), which specializes in the manufacturing of large-diameter pipes using strips produced by Severstal's Cherepovets Steel Mill has completed its shipments of products for the Central Asia — China (CAC) international gas pipeline.

Severstal Russian Steel Implements Investment Program in First Half of 2013

06 September 2013 - The Russian Steel division of OAO Severstal, one of the world’s leading steel and steel-related mining companies, invested approximately 8 billion rubles (approx. US$240 million) in its operations in H1 2013, representing 41% of the division’s planned capital expenditure for 2013 as a whole.

Severstal North America Announces Appointment of New CEO

03 September 2013 - Severstal, one of the world’s largest steel and mining companies, announced it has appointed Saikat Dey as chief executive officer of its subsidiary Severstal North America. Dey replaces Sergei Kuznetsov, who departed after four years as CEO of the company.

Platts: Russia's Severstal Opts Out of Two Iron Projects to Cut Capex

02 September 2013 - Russian steel and mining group Severstal has withdrawn from further participation in Amapa, its iron ore mining joint venture in northern Brazil with SPG Mineracao, and an iron plant project in North America to cut capital expenditure, chief financial officer Alexei Kulichenko, told a press conference Thursday, Platts reports.

Severstal Increased Sales of Large-Diameter Pipes in First Half of 2013

26 August 2013 - Severstal's Izhora Pipe Mill (IPM) manufactured over 165,000 tonnes of pipes in the first half of 2013 for use in major oil and gas projects in Russia and internationally. This represents a 2% sales increase as compared to the same period of 2012.

Severstal Increases Supplies to the Construction Industry by 17% in First Half of Year

15 August 2013 - The Cherepovets Steel Mill, one of the world’s largest integrated steel mills and part of the Russian Steel division of OAO Severstal, announced that it boosted supplies to building contractors in Russia up to 1,635,000 tonnes in the first half of 2013. This is a 17% increase from the same period in 2012.

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