Severstal Russian Steel

News
Operational results 2018
12
mln tonnes

crude steel production

4.7
mln tonnes

coal sales volumes *

16.5
mln tonnes

iron ore sales volumes*

*including intercompany sales
Performance

Sales by industries, 2018

  • Construction and service processing
  • Other
  • Tube and pipe
  • Machinery
  • Auto
  • 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 2019 and beyond

    Severstal will invest approximately 64.8 billion rubles into its Russian Steel division in 2019, of which 48.6 billion rubles will be committed to development projects.

    The most significant projects in 2019 will be the construction of the new Blast Furnace #3 (expected to be launched in 2021), the Coking Battery #11 (to be launched in 2022 to replace batteries #8 and #9) and the flat steel production development programme aimed at improving the Company’s product mix. Cutting-edge technology will allow the Company to produce more high-value added and innovative products and solutions, improve customer care and reduce its environmental impact.

    Severstal Russian Steel will invest 16.2 billion rubles in maintenance, environmental and health and safety projects in 2019.