Severstal
Latest News
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02 September 2013 - Russian steel and mining group Severstal has withdrawn from further participation in Amapa, its iron ore mining joint venture in northern Brazil with SPG Mineracao, and an iron plant project in North America to cut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.
Severstal-Gonvarri-Kaluga Increases Sales Volume by 23% in First Half of Year
09 August 2013 - Severstal-Gonvarri-Kaluga, (part of the Severstal Russian Steel Division) reported a 23% increase in sales volume up to 44,500 tonnes in the first half of 2013 compared with the first half of 2012.
OAO Severstal Announces Management Structure Optimization
02 August 2013 - Further to the management and organizational changes announced by OAO Severstal on 15 July, the company announces further changes to optimize its management structure in order to achieve its stated goals of improving efficiency and reducing costs.
Severstal Upgrading Cherepovets Steel Mill's Cold Rolling Mill
01 August 2013 - The Cherepovets Steel Mill, a major integrated steelmaker and part of the Russian Steel division of OAO Severstal, one of the world’s leading steel and steel-related mining companies, announced that it is to upgrade its 4−stand cold reduction mill to improve product quality, reduce costs and increase output.
Severstal's Cherepovets Mill Delivers Record Production of Galvanized Color-Coated Steel
31 July 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 delivered record production of more than 38,000 tonnes of galvanized color-coated steel in June.
OAO Severstal Announces Management and Organizational Changes
17 July 2013 - OAO Severstal announced changes to its management and organizational structure in order to enhance production efficiency, improve corporate governance and reduce costs.
Severstal Ramps Up Deliveries to TMK
12 July 2013 - During the first half of 2013, OAO Severstal, one of the world's leading steel and steel-related mining companies, shipped approximately 90,000 tonnes of rolled metal products to OAO TMK — that was more than the volume of shipments for the entire year in 2012.
Severstal's Vorkutaugol Focusing on Improving Efficiency and Cost Control
04 July 2013 - Vorkutaugol, one of Russia’s major coal producer and a part of Severstal Resources, has re-stated its key strategic objectives including a continued focus on enhancing operational efficiency and cost reduction.
Severstal CEO Elected President of Russian Steel Partnership
01 July 2013 - Alexey Mordashov, CEO of ОАО Severstal, has been elected president of Russian Steel, the not-for-profit partnership that unites Russia’s major iron and steel producers.
Severstal to Supply Pipes for the Power of Siberia Project
28 June 2013 - Severstal announced that the Izhora Pipe Mill and Mill 5000 at the Cherepovets Steel Mill's third sheet rolling shop is ready to supply pipes for Gazprom's major new gas transmission project, called Power of Siberia.
Severstal Ranked as Second Most Competitive Global Steelmaker
25 June 2013 - OAO Severstal has been ranked as the second most competitive global steelmaker in a June 2013 report by World Steel Dynamics (WSD).
Severstal Receives Approval from Ford Sollers to Begin Serial Deliveries of Coated Steel
11 June 2013 - ОАО Severstal has received approval from Ford Sollers Holding to start the serial deliveries of coated steel by two global specifications of Ford Motor Co.
Severstal Unveils Its New Steel Silk Brand
07 June 2013 - Russia-based steelmaker OAO Severstal has unveiled its new brand of products called Steel Silk.
Severstal and ChTPZ Streamline Rolled Products Supplies
03 June 2013 - The Chelyabinsk Pipe Mill (ChTPZ) hosted the 14th bi-annual meeting of the Coordination Council, a joint establishment of ChTPZ and ОАО Severstal, one of the world’s leading steel and steel-related mining companies, to coordinate the two companies’ joint efforts in prospective civil-engineering and oil and gas projects.
Severstal Awarded for Contribution to the Development of Entrepreneurship in Russia
24 May 2013 - ОАО Severstal has been named the winner in the Best Corporate Program for the Development of Social Entrepreneurship category at the Welfare Impulse awards.
