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…
Severstal has approved of the program to develop the Yakovlevsky mine in Belgorod region, which presupposes the increase of iron ore mining within several years. In 2018 the mine output will increase by 50% YoY, from 872 thousand tons to 1.315 million tons. The main goal of increasing output is to improve the company provision…
The Volgogradsky subsidiary of Severstal Steel Ropes has supplied 173 tons of steel ropes to the Gremyachinskoye deposits of EuroChem – VolgaKaliy. The cooperation of the companies started 7 years ago. “EuroChem – VolgaKaliy is our long-time and reliable partner, it’s a constantly developing company. Cooperation means development not only of the company, but of…
In January-October Severstal supplied around 400 thousand tons of metal to Russian and CIS automobile manufacturers, up by 21% YoY. In particular, Russia-based plants received 300 thousand tons of metal, up by 7% YoY. “According to our estimates, the demand for steel in Russian automobile industry in 2017 will increased by 9-12% YoY, and next…
Severstal-Metiz has become the exclusive supplier of rail track fasteners parts to Vossloh. The company has supplied the first industrial batch of fasteners to Vossloh Fastening Systems Rus (the city of Engelsk). Screws with fixed nuts are one of the elements of rail track fasteners. They are widely used all over the world to repair…
The shareholders of Russian steelmaker Severstal have approved paying 35.61 rubles per share in dividends for July-September. The record date for the dividends is December 5. In 2016, Severstal paid 24.96 rubles per share, or a total of 20.91 billion rubles, in dividends for July–September. The company also paid 22.28 rubles per share or 18.66…
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)
In January-October Severstal sold 912 thousand tons of coated rolled metal, up by 13% YoY. Galvanized metal sales increased by 20% YoY, or by 93 thousand tons, to 570 thousand tons. Polymer-coated metal sales reached 343 thousand tons, up by 2% YoY, or by 8 thousand tons. “We believe metal consumption in this sector will…
