Severstal will invest 22 billion rubles into the development of Cherepovets Iron and Steel Works and other Severstal Russian Steel assets. According to the company statement, 55% of the amount will be invested in the maintenance projects, the major of which is the reconstruction of the coking battery No. 4. The rest will be spent…
In January-February Neva-Metal CJSC (stevedoring company of Severstal) handled about 508,000 tons of cargo, which is close to the result of January-February 2016, the company reported. Container handling totaled about 14,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of Severstal Group. Neva-Metal specializes in transshipment of containerized and…
In 2016 Severstal supplied 4.26 million tons of metal structures to Russian construction companies, up by 4% YoY. In particular, last year the metal from Cherepovets was used when erecting infrastructure objects for the 2018 World Cup: Yekaterinburg stadium and Zenit-Arena in Saint Petersburg. All in all in 2016 the company participated in 60 construction…
In 2016 Severstal Distribution increased its EBITDA by 78% YoY, to $56 million. Revenues went up by 5%, to $716 million. The end of Q1 2016 saw the dramatic increase of price on all the group markets, resulting in a short-term shortage. In 2016 Severstal Distribution increased sales by 6% YoY, to 1.545 million tons.…
In 2016 Severstal Distribution sales increased by 6% YoY, to 1.545 million tons. Last year the companies of the network sold 14% of all the Severstal Russian Steel products. Half of the total volume, or 756 thousand tons of metal, was delivered to Russian customers. The North-Western Federal district companies sold 47% of the total…
In 2016 Severstal supplied 350 thousand tons of metal to Russian and foreign car-producers in Russia. “The decrease in demand on the Russian automobile market in 2016 totaled 2%. Still Severstal was able to increase its deliveries by 12% YoY. The growth was mostly achieved by substituting high quality imported steels”, Severstal Russian Steel sales…
Severstal has reported the beginning of the full-scale operation of its online store, presented in November 2016. Now all clients of the company (except for individuals) can buy the standard Severstal products (over 5 thousand types) online. The new store has been created on the basis of SAP Hybris. It is expected that in 2018,…
In 2016 the Russian enterprises of Severstal-Metiz started producing over 100 new types of products. The largest increase in new products (over 50 types) was in the sizing segment, mostly new types of steel shaped sections, railroad fasteners and small ironware, in particular sections No. 2589 for the manufacture of tracks, screws with flat washer,…
