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News

February 20, 2018
Recommended Dividend and Date of Annual General Meeting (“AGM”)

The Board of Directors of Severstal (“Severstal”, “the Company”) (LSE: SVST; MICEX-RTS: CHMF), one of the world's leading vertically integrated steel and steel-related mining companies, is recommending a dividend of 27.72 roubles per share for the three months ended 31 December 2017.

February 20, 2018
Severstal reports Q4 & FY 2017 operational results

PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q4 2017 & FY 2017.

February 20, 2018
Severstal announces 2018 capital investment programme

PAO Severstal (“Severstal”; “the Company”), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its capital investment programme for 2018.

October 20, 2017
Severstal and McKinsey to evaluate production efficiency of basic oxygen steel at the Cherepovets Steel Mil

The Cherepovets Steel Mill (“CherMK”), one of world’s largest integrated steel producers and part of the Russian Steel division of OAO Severstal, one of the world’s leading steel and steel-related mining companies, today announces the launch of a project in conjunction with McKinsey, the  global consultancy, to improve efficiency of basic oxygen steel production.

June 29, 2017
Severstal begins shipments for the South stream project

OAO Severstal, one of the world’s leading steel and steel-related mining companies, has begun shipments of 813 mm diameter pipes for the South Stream Offshore Pipeline. The pipes are manufactured at the Izhora Pipe Mill, part of Severstal’s Russian Steel division.

June 10, 2017
Severstal and McKinsey to evaluate production efficiency of basic oxygen steel at the Cherepovets Steel Mil

The Cherepovets Steel Mill (“CherMK”), one of world’s largest integrated steel producers and part of the Russian Steel division of OAO Severstal, one of the world’s leading steel and steel-related mining companies, today announces the launch of a project in conjunction with McKinsey, the global consultancy, to improve efficiency of basic oxygen steel production.

May 21, 2017
Severstal launches trial deliveries for Nissan projects

OAO Severstal, one of the world’s leading steel and steel-related mining companies, announced that it has launched trial deliveries of rolled steel for the manufacturing of several Nissan car models in Russia.

May 2, 2017
Completion of Redaelli Tecna sale

Further to the Company’s announcement on 23 January 2017, Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, announces that its subsidiary, JSC Severstal – Metiz, Severstal’s international metal ware manufacturer, has completed the sale of Redaelli Tecna S.p.A (“Redaelli Tecna”, part of JSC Severstal — Metiz). The transaction amount is 50 mln Euro.

April 21, 2017
Severstal appoints Chief Information Officer

Severstal is pleased to announce the appointment of Sergey Dunaev as Chief Information Officer of AO Severstal Management and Chief Executive Officer of OAO Severstal Infocom, with effect from May 22, 2017. In this role he will be responsible for developing and driving the company's IT strategy, and for consolidating the company’s IT management systems in line with international best practices to further strengthen Severstal’s competitive advantages.

September 21, 2016
Severstal and Rutgers Group present joint venture at Cherepovets

Severstal and Rutgers Group (Belgium) announced a new joint venture: Rutgers Severtar.

Archive
Severstal News
October 08, 2018

PAO Severstal — one of the world's leading vertically integrated steel and mining companies, announces that Severstal Ventures, which was set up by Severstal to support venture projects developing new production technologies and materials, has invested in Chrysalix RBV GP Ltd. (Chrysalix RoboValley).

September 24, 2018

PAO Severstal has begun commissioning works a 1bn rouble investment project to replace compressors at the Cherepovets metallurgical plant (CHerMK).

September 14, 2018

PAO Severstal announces the results of voting following an extraordinary general meeting of shareholders held on 14 September 2018.

September 13, 2018

PAO Severstal, RUSNANO and Windar Renovables have concluded an agreement to create a joint venture, WRS Bashni, LLC, to produce steel towers for wind-driven power plants (WDPP).

September 03, 2018

PJSC Severstal presented a new vibration and sound absorbing damping steel, 01U5T, during a techno-breakfast organized by the All-Russian Society of Inventors and Innovators (ARSII).

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