Severstal has supplied some 700 tons of liquefied natural gas tank structure components made of cold-resistant low-carbon steel with 9% nickel contents for the construction of the manufacturing complex in Leningrad region. In 2017 Severstal was the first in Russia to start producing this steel at Cherepovets Iron and Steel Works at mills-2800 and 5000.…
In January-June Severstal supplied Russian construction companies with 2.717 million tons of metal products, up by 7% YoY. Severstal metal is used in construction of the largest infrastructure projects. In particular the group has delivered some 40 thousand tons of rolled metal for the construction of all 12 stadiums hosting the World Cup. In spring…
This month Severstal will supply the first batch of hot-rolled metal to Uralmashzavod. Plates will be used in the manufacture of casting crane with the lifting capacity of 520 tons. The machine will be used at Cherepovets Iron and Steel Works. Investments in the project total 600 million rubles. The metal will be delivered via…
Severstal has mastered the manufacture of polymer-coated rolled metal with the colored backside. Thanks to using protective colored enamel on the backside instead of the traditional grey, the cost of the final product becomes lower compared with the double-sided coating. Another novelty is the Steel Cashmere – GRS (glide rain slim). This is galvanized metal…
Since the start of cooperation with Gazpromtrubinvest, Severstal has supplied the company with over 2.1 million tons of metal products. Severstal ships hot-rolled coils to the company, which are then used to produce electric welded oil and gas, compressor-pump and casing pipes with the diameter of 60-426 mm. In particular, in 2017 metal deliveries reached…
Severstal has suspended deliveries of metal to Iran this year without stating terms or reasons. According to the company statement, earlier in the year it delivered inconsiderable volumes of metal to Iran. The company did not name the precise volume of deliveries, or the time frame of the suspension, and did not comment on the…
In January-June Severstal increased steel output by 6% YoY, to 6.03 million tons. Pig iron manufacture grew by 1%, to 4.61 million tons. At the same time in Q2 pig iron output dropped by 4%, to 2.26 million tons, and steel – by 1%, to 3 million tons. Overall steel sales in H1 increased by…
Severstal board of directors has recommended paying dividends for April-June in the amount of 45.94 million rubles. The voting on the issue will be held at the next shareholders meeting scheduled for September 14. The list of the shareholders entitled for the dividend payment will be created on September 25. (Ukrainian metal)
