Severstal Russian Steel

News
Operational results 2019
11.85
mln tonnes

crude steel production

4.7
mln tonnes

coal sales volumes *

6.96
mln tonnes

iron ore sales volumes*

*including intercompany sales
Performance

Sales by industries, 2019

  • Construction and service processing
  • Other
  • Machinery
  • Oil and gas
  • Severstal Russian Steel is a leading Russian steel producer, with a broad product mix, self-sufficiency in raw materials and an extensive distribution network. We focus on high value-added flat steel products and the production of long products for construction and downstream sales.

    Our downstream assets include the production of large diameter pipes and metalware for machinery, as well as service centres and stamping facilities for exposed automotive parts. The division has high value-added products. Our flagship Cherepovets Steel Mill is one of the lowest-cost steel mills in the world.

    Located in north-west Russia, the division’s steel operations enjoy convenient rail access to the Company’s mining operations and low-cost direct river access to the Baltic ports, as well as being well positioned to serve the industrial hubs around Saint-Petersburg and Moscow.

    Our operations

    Strategic priorities for 2020

    Severstal will invest approximately 73.4 billion rubles into its Russian Steel division in 2020, of which 56.4 billion rubles will be allocated to development projects.

    The most significant projects in 2020 will be the construction of the new Blast Furnace #3 (expected to commence operations in 2020), the Coking Battery #11 (to be launched at full capacity in 2022, replacing batteries #8 and #9) and the Flat Steel Production Development Programme, aimed at improving the Company’s product mix. All of these projects involve the use of cutting-edge technologies, which will ensure the Company maintains highly innovative and efficient production processes as well as best-in-class environmental performance.

    Severstal Russian Steel will invest 17 billion rubles in maintenance, environmental and health and safety projects in 2020.