Russia: Severstal-Metiz saves 35 million rubles in 2016

In 2016 Severstal-Metiz saved 35 million rubles due to streamlining its operation. According to the company statement, last year employees submitted over 200 rationalizing suggestions, allowing to decrease manufacturing expenses and prime cost. The highest result was obtained thanks to modernization of equipment and tools, as well as the change of key products manufacture techniques.…

Russia: Severstal Balakovo gets new CEO

Since May 11, the new general manager of Severstal – Balakovo, a part of Severstal Russian Steel, is Artem Akinfiev, who has previously been responsible for the improvement of manufacturing processes at Promservis, another part of SRS. “In his new office Akinfiev will be responsible for increase of the company competitiveness on the bars market”,…

Russia: Severstal starts producing new steel

Severstal has started producing the DP600 dual phase ferrite-martensite pickled hot-rolled steel with increased strength. This steel is used in the manufacture of wheel disks and automobile parts. The new steel grade is manufactured at the 2000 mill in the Cherepovets Iron and Steel Works sheet shop. “DP600 steel grade will allow us to increase…