Severstal
Latest News
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 Announces Closing of the Transaction with Afferro Mining
25 December 2012 - OAO Severstal announced that the transaction between its indirect subsidiary Lybica Holding B.V. and Mano River Iron Ore Holdings Limited, a wholly owned subsidiary of Afferro Mining Inc., on purchasing a 38.5% minority interest in Severstal Liberia Iron Ore has been closed.
Production Begins at State-of-the-Art Air Separation Unit at Cherepovets Steel Mill
11 December 2012 - ZAO Air Liquide Severstal, a joint venture between Air Liquide and OAO Severstal, has successfully launched a plant to produce industrial gases for CherMC at Cherepovets Steel Mill, part of Severstal’s Russian Steel Division. The total investment in the project has reached €50 million.
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.
SMS Meer Receives Order for Gap Closing Press in Russia
06 November 2012 - Izhorsky Trubny Zavod (ITZ), part of the Severstal Group based in Kolpino near St. Petersburg, Russia, has placed an order with SMS Meer for the supply of a new gap closing press with a press force of 25 MN. The machine will be integrated into the existing 18m JCOE® large-diameter pipe mill, which SMS Meer supplied in 2006.
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 Resources Holds Competition for Mining Students
09 October 2012 - Severstal Resources, the mining division within OAO Severstal, a Russian steel and steel-related company, held a competition open to students at mining colleges in Russia in order to recruit young professionals.
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 and NOVATEK Conclude Gas Supply Contracts
03 October 2012 - OAO Severstal, announced the conclusion of new mid-term natural gas supply contracts with OAO NOVATEK for several Severstal Russian Steel division enterprises.
Severstal Puts Trinidad and Tobago Plant Plan On Hold
13 September 2012 - Russian steelmaker Severstal has frozen plans to build a US$500 million iron ore processing plant in Trinidad and Tobago and is not planning major investments while markets remain sluggish, the head of its North American unit told Reuters.
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.
Severstal Launches Water Waste Treatment Facilities at its Izhora Pipe Mill
04 September 2012 - OAO Severstal has launched water waste treatment facilities at its Izhora Pipe Mill worth around 75 million rubles.
Severstal Launches Reconstruction of Gas-Cleaning Units at Cherepovents
27 August 2012 - OAO Severstal announced that its Cherepovets steel mill, one of the world’s largest integrated steelmaking plants and part of the Severstal Russian Steel division, has launched the reconstruction of its gas-cleaning units.
Severstal to Produce New Pipes for Gazprom
26 July 2012 - Severstal's Izhora Pipe Mill, which specializes in large diameter pipes production using strip produced by Severstal's Cherepovets Steel Mill, and Gazprom have signed a long-term scientific and technical cooperation agreement.
