Russia: Severstal-Balakovo turns 10

Severstal Bar Works Balakovo is celebrating its 10-year anniversary. The project of construction was of the Greenfield category, as it was built from scratch. The employees of the key professions were trained at the Cherepovets Iron and Steel Works. At present the number of local employees at the works is 95%. The first rolled metal…

Russia: Severstal Moody’s rating up

Moody’s has improved the long-term rating of Severstal from Ba1 to Baa3, and the outlook from stable to positive following the revision of the Russia rating. “We welcome the decision of Moody’s to review the Russia’s rating and improve that of Severstal. That the economic situation in the country is improving is seen by the…

Russia: AEM-Tekhnologii to supply machinery for Severstal sheet-rolling shop

AEM-Tekhnologii has produced for Severstal a cylinder to modernize the accumulator station of the water decaling unit at the 2000 rolling mill.

In 2015 the company supplied 2 similar cylinders to Cherepovets.

The volume of the cylinder is 9.25 cubic meters. It has successfully passed the tests. (Ukrainian metal)

Russia: Mordashov visits the Yakovlevsky mine

Alexey Mordashov, the Chairman of the Board of Directors of PAO “Severstal”, and the company’s management team visited production departments of the Yakovlevsky mine, and approved of next year’s business plan, while meeting employees of the plant. The chairman and managers visited the central control room where the production management is located, as well as…

Russia: Severstal e-shop named best e-commerce product

The Internet-store of Severstal has been named the Best Internet-project of Russia in 2017.

The e-shop was first unveiled in 2016.

In January-October the store received 950 thousand tons worth of orders.

In 2019 Severstal intends to start exporting through its online-store. (Ukrainian metal)

Russia: Severstal finishes repairs at Kolpino sites

Severstal has finished the scheduled capital repairs for 2017 at its two Kolpino city enterprises: Izhorsky Pipe Works and Cherepovets Iron and Steel Works (sheet-rolling shop).

The modernization has been designed by the Severstal Russian Steel enterprise – VNIIMETMASH.

The repairs will improve the technical characteristics of machinery and its wear resistance. (Ukrainian metal)