Severstal

Severstal-metiz receives top rating after audit of one of key clients

Severstal-metiz (part of Severstal) has passed an audit of the key customer - the manufacturer of car components Sherdel Kaluga.

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CherMK: equipment for modernization of the mill-2000 will be delivered in July

The Cherepovets Metallurgical Combine (enterprise of Severstal Russian Steel) is implementing a project to modernize the 2000 hot rolling mill, which accounts for 65% of CherMK's steel products

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Severstal may pay dividends for Q1 in the amount of 38.32 rubles

Severstal's Board of Directors has recommended that the annual general meeting of shareholders approve dividend payments for three months ended on March 31 2018 in the amount of 38.32 rubles pe

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In Q1, Severstal increased its net profit

In the first quarter of 2018, the Severstal's net profit increased by 28.4% to $461 million compared to the same period last year, as it follows from the company's financial results.

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In Q1 2018, Severstal increased steel production

In the first quarter, steel production of Severstal increased by 1% to 3.03 million compared to the previous quarter.

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Severstal announces first quarter sales growth of 3%.

The growth in sales of steel semi-finished products was caused by a change in the structure of sales and growth in demand for procurement.

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Severstal to increase production of flat rolled metal

Severstal has signed the first contract as part of a large-scale modernization of the flat rolled metal facility at Cherepovets metallurgical combine. In particular, DANIELI & C.

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Severstal completes a major overhaul of Mill 5000

Severstal conducted a scheduled overhaul of Mill 5000, located on the company's Kolpino production site.

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Severstal files lawsuit against the US government, challenges introduction of duties on steel

Alexei Mordashov's Severstal, which supplied about 340 thousand tons of steel to the US in 2017 for $157 million, is trying to challenge the country's introduction of import duties on steel

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Severstal expects growth in steel demand by 3-4%

According to Severstal's expectations, in 2018 steel demand on the Russian market will continue to grow and will improve by 3-4%.

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