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PAO Severstal

Latest News

Severstal Commissions the New No. 7 Coke Oven Battery at Cherepovets

08 April 2013 - OAO Severstal’s Cherepovets steel mill commissioned its new No.7 coke oven battery (KB-7) following a 4.5 billion rubles reconstruction project.

Second Dry Magnetic Separation Unit Commissioned at Karelsky Okatysh

04 April 2013 - A second dry magnetic separation unit has been commissioned at ОАО Karelsky Okatysh, a major production and iron ore processing plant in Russia and part of the Resources Division of OAO Severstal.

Severstal Plans Construction of 5 Million Tonne Coal Mine in Russia

25 March 2013 - OAO Vokutaugol, a major coal producer in Russia and a part of the Resources division of OAO Severstal, is planning the construction of a new coal mine at Plot 1 of the Usinsk deposit in the Komi Republic in Russia.

IIBG to Begin Preliminary Feasibility Study for Granulated Iron Project in Canada

19 March 2013 - International Iron Beneficiation Group Limited (IIBG), an affiliate of OAO Severstal, has launched a preliminary feasibility study to consider the viability of building a granulated iron facility in Sydney, Nova Scotia, Canada.

Severstal Targets US$81 Million in Investments in Environmental Projects at Cherepovets Mill in 2013

18 March 2013 - The Cherepovets steel mill, part of the Russian Steel division of OAO Severstal, will invest up to 2.5 billion rubles (US$81 million) in its environmental improvement program in 2013.

Danieli Automation to Provide MES System for Severstal Balakovo

05 March 2013 - Danieli Automation has been awarded the contract for the supply of the Q3MET — the MES system oriented to the steel industry to optimize production, planning and scheduling of customer orders — for Severstal Balakovo in Russia.

Severstal Announces Full March Order Book at Cherepovets Steel Mill

01 March 2013 - Cherepovets Steel Mill, part of Severstal Russian Steel, a division within OAO Severstal has already completed its order book for March and has employed its rolling facilities at full utilization.

Severstal Announces Planned US$1.3 Billion Capital Investment Program for 2013

27 February 2013 - OAO Severstal announced that it plans to invest US$1.3 billion at its Russian, North American and mining operations in 2013 to support its growth and long-term competitive strategy.

Severstal Vorkutinskaya Mine Resumes Production

18 February 2013 - On the morning of 15 February 2013, production restarted at Severstal’s Vorkutinskaya mine, except for one affected area that will remain suspended for 90 days.

Severstal Expresses Condolences to Families of Vorkutinskaya Mine Accident Victims

13 February 2013 - The management of OAO Severstal and Vorkutaugol are expressing their deepest condolences to the families and friends of the miners who were tragically killed in an accident at the Vorkutinskaya mine in Russia on Monday, 11 February 2013.

Severstal Ranked as Third Most Competitive Steelmaker

07 February 2013 - OAO Severstal, a Russia-based steel and steel-related mining company, has been ranked as the third most competitive global steelmaker in 2012 in a report by World Steel Dynamics.

Severstal Signs Long Term Contracts with Russian and CIS Auto Companies

04 February 2013 - So far in 2013, OAO Severstal has signed one-year metal-roll contracts with GAZ Group, Sollers, KAMAZ, GM Uzbekistan and Volkswagen as well as half-year contracts with HYUNDAI-KIA, Renault-Nissan and Eurodisk, and quarterly contract with ZAZ.

Boston Consulting Group Ranks Severstal as One of Top Six Russian Companies

25 January 2013 - OAO Severstal has been named as one of only six Russian companies in the Boston Consulting Group’s Global Challengers report that identifies the 100 leading companies from fast-growing economies globally.

Metso to Supply Mining Equipment to OAO Severstal's Olkon Mine in Russia

23 January 2013 - Metso will supply OAO Severstal with a complete rotary drying system for its iron ore plant upgrade project at the Olkon mine in Olenegorsk, Russia.

Severstal Ranked Leading Russian Metals and Mining Business in Energy and Ecology Report

08 November 2012 - OAO Severstal has been ranked the most environmentally friendly Russian metals and mining company in a report by Interfax-ERA, an ecology and energy rating agency.

OAO Vorkutaugol Commissions New Coal Face at the Komsomolskaya Mine

23 October 2012 - Severstal announced a new coal face, with estimated resources of more than 1.16 million tons of coking coal, has been commissioned at OAO Vorkutaugol’s Komsomolskaya mine in Russia.

Severstal Announces Major Investment in Environmental Projects at Cherepovets Steel Mill

03 October 2012 - OAO Severstal announced a series of environmental improvement projects at the Cherepovets Steel Mill in Russia aimed at ensuring global best practice sustainability standards are in place by 2015.

Severstal Reports Financial Results and Outlook

04 September 2012 - OAO Severstal announced its second quarter and first half 2012 financial results, as well as its outlook for the remainder of the year.

Severstal Seeks to Expand U.S. Sales to BMW, Nissan by 2016

04 September 2012 - OAO Severstal plans to expand the share of its U.S. unit’s sales to automakers such as Nissan Motor Co. to as much as 42% by 2016 to benefit from an industry revival, Bloomberg Businessweek reports.

RÜTGERS SEVERTAR to Complete Phase 1 Construction Work in December 2012

28 August 2012 - RÜTGERS SEVERTAR LLC will complete by December 2012 phase 1 of production facilities for the processing of coal tar based on coke production to supply premium quality chemical raw materials to international markets.

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