Magnitogorsk Iron and Steel Works
Search results
Severstal ( Russian: Северсталь, lit. 'Northern Steel') is a Russian company mainly operating in the steel and mining industry, headquartered in Cherepovets. Severstal is listed on the Moscow Exchange and LSE and is the largest steel company in Russia. The company is majority-owned and controlled by billionaire Alexey Mordashov .
PAO Severstal is a vertically integrated steel and steel-related mining company with major assets in Russia and investments in other regions. We are driven by our collaborators' success and progress. This pushes us to keep growing and inspiring others in their search for something new.
Severstal is one of the world’s most efficient metals and mining companies, working with customers and partners to create new products and integrated solutions from steel. Watch video
Aug 29, 2022 · Our vision is for Severstal to be the leader of the steel industry of the future and the first choice for its customers, employees and partners . Steel is the basis for our solutions, but not the limit. We confidently go beyond metallurgy together with our customers and partners.
Severstal - leader of the steel industry of the future. | Severstal remains a global leader in efficiency, with the highest EBITDA margin in the steel industry globally, positive free cash...
Mar 24, 2022 · Severstal is on course to become the first major Russian company to default on its debt since the invasion of Ukraine, after Citigroup blocked an interest payment from the company...
Severstal. Cherepovets, Russia. From the Editor: Notable and Noteworthy. Severstal OAO engages in the manufacture of steel and rolled products. It operates through the following segments:...
Dec 20, 2022 · The most severe drop of 21% is registered in demand from the machine building sector, which will consume 4.5 million mt of steel this year, down from 5.7 million mt in 2021. Severstal noted the biggest hit to demand being the exodus of western auto companies and ensuing closures of automobile plants.
Severstal Cherepovets steel plant (Череповецкий металлургический комбинат (Russian)), also known as CherMK; Cherepovets Steel Mill, is a blast furnace-basic oxygen furnace (BF-BOF) and electric arc furnace (EAF) steel plant operating in Cherepovets, Vologda, Russia.
Mar 25, 2022 · EU action against Severstal’s oligarch owner shortly after the invasion of Ukraine left the company’s steel stranded in warehouses across Europe and sales staff scrambling for new clients.
