Severstal

Gazprom and the ChTPZ Group conclude a contract for the production and supply of pipe products.

PJSC Gazprom and the ChTPZ Group entered into a long-term contract for mass production, delivery, technical and service maintenance of pipe products under guaranteed volumes of future supplies.

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In 2016, Severstal-Metiz saved 35 mln rubles

In 2016, Severstal-Metiz (part of Severstal) saved more than 35 million rubles due to rationalization activities, the press centre of the company reports.

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Severstal plans to keep its stake in pipe market at the level of 19%

S. Spivakov, the coordinator of sales of pipe products of Severstal, spoke about the company’s strategy in the pipe market.

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Severstal Distribution increases sale volume by 13%

In the first quarter of 2017, the Severstal Distribution Group (the distribution network of the Severstal Russian Steel division) increased the sales of metal products to 395 thousand tons (by 13%

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Severstal completes a major overhaul of the mill 5000.

In the sheet rolling shop (SRSh) the production of rolled steel at the Cherepovets Metallurgical Plant (part of Severstal), the first major repairs of the main equipment were completed this year.

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Severstal reports growth in price of pellets in Q1

According to the Platts, on April 20, the Russian company Severstal reported that its average quarterly prices for iron ore pellets grew to $86 per ton compared to the last year's figure of $36

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Severstal announces its financial results in Q1

Severstal has announced its financial results in the first quarter of 2017.

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Severstal may pay dividends for Q1 in the amount of 24.44 rubles per share

The Severstal’s Board of Directors has recommended paying dividends for the first quarter of 2017 at the rate of 24.44 rubles per share, the company reports.

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Severstal not to invest in production capacities

As the Reuters reports, the Russian company Severstal has predicted a drop in its steel production in 2017 by 1-2% compared to the last year's result of 11.6 million tons.

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Severstal sums up its operation results in Q1

Severstal has published its operating results for the first quarter of 2017.

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