Severstal - Company Profile
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Severstal is a producer of steel and related products. The company manufactures flat and long-rolled products, large diameter pipes, and metalware for the automotive, machinery, construction, and oil and gas industries. The company operates iron ore mining complexes in Olcon, Karelsky Okatysh and Yakovlevskiy Mine in Belgorod regions. Severstal’s mining complexes include Cherepovets Steel Mill, Severstal-Metiz and Izhora Pipe Mill. Severstal also operates a ferrous scrap metal recycling business and metalware enterprises in Russia. Its products serve various industries, including construction, automotive, and energy, providing engineering solutions and innovative products like wind turbines and cryogenic steel for LNG tanks. The company has operations in several countries across Europe. Severstal is headquartered in Moscow, Russia.
Headquarters
Russia
Address
Ul. Klary Tsetkin, 2, Moscow, Vologda Oblast, 127299
Website
severstal.com
Telephone
7 495 9267766
No of Employees
50,553
Industry
Metals and Mining
Ticker Symbol & Exchange
CHMF (MCX)
Revenue (2024)
$8.5B
-14.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-78.6%
(2024 vs 2023)
Market Cap*
$24.6B
Net Profit Margin (2024)
XYZ
-75.1%
(2024 vs 2023)
* As of and is in US$
Severstal premium industry data and analytics
Products and Services
| Products |
|---|
| Hot-Rolled Strip and Plates |
| Long Products |
| Galvanized and Other Metallic Coated Sheets |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In October, the company launched a new digital tool, Contractor Guide. |
| 2025 | Contracts/Agreements | In October, the company partnered with the Academy of Industrial Technologies in Kolpino to provide support to the educational institution, trains specialists in areas relevant to metallurgical production. |
| 2024 | Others | In October, the company started construction of a new heating furnace at Mill 2000 at the Cherepovets Metallurgical Plant. |
Competitor Comparison
| Key Parameters | Severstal | ArcelorMittal SA | Evraz Plc | Novolipetsk Steel | Magnitogorsk Metallurgicheskiy Kombinat |
|---|---|---|---|---|---|
| Headquarters | Russia | Luxembourg | United Kingdom | Russia | Russia |
| City | Moscow | Luxembourg | London | Lipetsk | Magnitogorsk |
| State/Province | Vologda Oblast | - | England | - | Chelyabinsk Oblast |
| No. of Employees | 50,553 | 125,554 | 71,591 | 44,200 | 17,887 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Alexey Mordashov | Chairman | Executive Board | 2015 | - |
| Alexander Shevelev | Director; Chief Executive Officer | Executive Board | 2016 | - |
| Alexey Kulichenko | Chief Financial Officer; Director | Executive Board | 2009 | - |
| Maxim Vorobyev | Director - PAO Severstal in Kostomuksha; Chief Executive Officer - Karelsky Okatysh and Olcon | Senior Management | 2007 | - |
| Dmitry Poyarkov | Head - CSR Department | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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