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Investors Welcomed at Izhora Pipe Mill

19.09.2012

Representatives of major international investment funds have visited Izhora Pipe Mill, which is part of Severstal Russian Steel Division.

 

Among the foreign guests who have visited the facility which supplies large-diameter pipes to leading oil and gas projects, were representatives of East Capital, a Swedish fund ranking among the top foreign investors in Russian shares, and GIC, Singapore’s major investment fund.

 

"This time, we welcome representatives of investment funds managing hundreds of billions of dollars worldwide, - said Nikolai Skorokhvatov, CEO, Izhora Pipe Mill. - These are analysts from steel industry who advise in what securities to invest, and portfolio managers directly responsible for fund management, which is very important to us."

 

Attention to Izhora Pipe Mill is encouraged by the favorable logistics of the mill as well as by its involvement in major oil and gas projects. For example, for OAO Gazprom the Mill has supplied over 1.5 mln. tonnes of large-diameter pipes since 2006.

 

Izhora Pipe Mill manufactures downstream high value added products which are a tangible share of Saint Petersburg's industrial production.

 

According to Vladimir Zaluzhsky, Head of Investor Relations at OAO Severstal, "it is particularly important now to explain to our investors how we maintain high growth rates. In the investment community there is a very significant interest to our facilities, which means that Severstal is viewed as the entity with a high potential".

 

That was the second investors’ visit to Izhora Pipe Mill during 2012. The first visit took place in April this year, rallying around two dozens of analysts and investors. Investor visits to other Severstal assets are currently being discussed.

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Severstal Resources

T: +7 (495) 981 0910

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Severstal Russian Steel

T: +7 (8202) 53 0900

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Severstal International

IR contacts

Vladimir Zaluzhsky
Head of Investor Relations
Email: ir@severstal.com
T/f: +7 (495) 926 7766/67 ext.6375

PR contacts

Elena Kovaleva
Head of Communications
Email: pr@severstal.com
T/f: +7 (495) 926 7766/67 ext.6447

HR contacts

Natalia Bachinskaya
HR Department Manager
Email: hr@severstal.com
T: +7 (495) 926 7761

CSR contacts

Natalia Poppel
Head of Corporate Social Responsibility
Email: csr@severstal.com
T/f: +7 (495) 926 7766 ext.6449

Corporate Secretary

Artem Bobulich
Corporate Secretary of OAO Severstal
Email: corporate_secretary@severstal.com
Phone: +7 (8202) 53 0900
Fax: +7 (8202) 53 2159