Severstal
Latest News
Severstal to Improve Heavy Plate Quality for South Stream and Power of Siberia Oil and Gas Projects
23 May 2013 - More than 200 million rubles are to be invested into a large-scale project to upgrade the equipment at plate-rolling facility No.3 of Severstal's Cherepovets steel mill.
Severstal CEO Awarded for Contribution to Latvian Economic Advancement
22 May 2013 - Alexey Mordashov, CEO of OAO Severstal, has been awarded with the Cross of Recognition, Degree III, which is one of Latvia’s highest honors, in recognition of his contribution to Latvia’s economic development.
Severstal Q1 Net Profit Falls Almost 90% on Lower Prices
21 May 2013 - Russian steelmaker Severstal's IFRS net profit fell 89.7 percent year-on-year in January-March 2013 to $44 million, the company said on Monday, citing weaker demand and lower realized prices as contributing factors.
Severstal Izhora Mill Delivers Pipes for Pipeline Project in Asia
20 May 2013 - ZAO Izhora Pipe Mill, the specialist manufacturer of large diameter pipes made from strip produced by Cherepovets Steel Mill, both enterprises within the Russian Steel Division of OAO Severstal, one of the world’s leading steel and steel related mining companies, has shipped pipes for the construction of the Central Asia — China international gas pipeline.
London Business School MBA Students to Provide Consultancy Work for Severstal
06 May 2013 - OAO Severstal is extending its partnership with the London Business School (LBS). As part of the LBS’s Executive MBA course, students will deliver a management consultancy project for Severstal focused on the development of its mining business in Africa.
Outotec, Severstal Join Initiative to Establish Industrial Waters Center in Russia
25 April 2013 - Outotec is collaborating with OAO Severstal, Kemira and Lahti Region Development LADEC Ltd in establishing the Industrial Waters Excellency Center (IWEC) with its main training venue at Severstal's mill in Cherepovets to address issues related to industrial water consumption in Russia.
Severstal Launches New Finishing Press to Supply Pipes for the South Stream Project
11 April 2013 - The Izhora Pipe Plant, a producer of large diameter pipes using strips supplied by the Cherepovets Steel Mill, both business units within the Russian Steel Division of OAO Severstal, has commissioned a new finishing press.
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.
Ruukki Studying New Grades of Iron Pellets with Severstal
11 February 2013 - Ruukki Metals has initiated cooperation with Russian PJSC Karelsky Okatysh, a fully-owned subsidiary of the Severstal Group, to develop new grades of iron pellets.
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.
