Severstal

In 2018 Severstal allocated about 19.8 billion rubles for repair program of CherMK

Employees of the repair departments of the Severstal Russian Steel Division - the Promservice Center and the SSM-Tyazhmash Machine-Building Center, the Domnaremont Center (part of the Severstal Rus

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Moody’s increases rating of Severstal, NLMK and MMK

On February 12, 2019, Moody's rating agency upgraded Severstal's long-term rating from Baa3 to Baa2 with a change in the rating outlook from positive to stable following the revision of Rus

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In 2019 Severstal invests nearly 56.6 billion roubles into the Russian Steel division.

Severstal will allocate nearly 56.6 billion roubles to the development of the Cherepovets Steel Mill and other production assets of the Severstal Russian Steel division. *

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In 2018 Severstal Russian steel invested 1.2 billion rubles in occupational safety at CherMK

In 2018 Severstal invested about 1.2 billion rubles in measures for production safety and injury prevention at the Cherepovets Metallurgical Plant (CherMK), which is 200 million rubles more than in

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Severstal's rolled steel plant increases production

Severstal - the Balakovo Rolled Products Plant (an enterprise of the Severstal Russian Steel division) started production of valves with a diameter of 22 mm using the two-slit rolling technology, t

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Severstal to supply 200 thousand tons of pipes to Gazprom

Official representatives of Izhora pipe plant (part of Severstal) announced today that the company has successfully won a number of tenders to ensure the supply of pipes with a large diameter to th

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In 2018 Cherepovets Steel Mill increased share of its own electricity generation by almost 3%

In 2018 the Cherepovets Steel Mill, one of the largest steel production plants in the world (part of the Severstal Russian Steel Division), increased its own electricity production to 4,565.8 milli

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Severstal expects weak demand for steel in 2019

Severstal expects weak demand for Russian steel to continue in 2019, the company’s deputy general director for finance and economy Alexei Kulichenko said during the conference call.

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In 2018, Severstal increased its net profit by 51%

In 2018, the net profit of Severstal increased by 51.4% and amounted to $2.051 billion, as it follows from the company's report on financial results.

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Severstal announces its plan of investments in 2019

In accordance with the previous statements, in 2019, the Severstal's investment program will amount to 95.7 billion rubles and will focus on key areas of the company's updated strategy, whi

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