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. The company’s mining complexes include Cherepovets Steel Mill, Severstal-Metiz and Izhora Pipe Mill. Severstal also operates a ferrous scrap metal recycling business and metalware plant in Russia. It is one of Russia’s biggest producers of iron ore and coking coal. The company has operations in several countries across Europe. Severstal is headquartered in Moscow, Russia.
Headquarters
Russia
Address
Ul. Mira, 30, Cherepovets, Vologda Oblast, 162608
Website
severstal.com
Telephone
7 820 2531353
No of Employees
46,000
Industry
Metals and Mining
Ticker Symbol & Exchange
CHMF (MCX)
Revenue (2021)
$11.6B
69.4%
(2021 vs 2020)
EPS
XYZ
Net Income (2021)
XYZ
301%
(2021 vs 2020)
Market Cap*
$16.6B
Net Profit Margin (2021)
XYZ
136.7%
(2021 vs 2020)
* As of and is in US$
Severstal premium industry data and analytics
Products and Services
| Products |
|---|
| Products |
| Hot-Rolled Strip and Plates |
| Long Products |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In June, the company and Synergy Joint-Stock Company signed an agreement for scientific and technical cooperation in the field of territorial development. |
| 2023 | Contracts/Agreements | In June, the company and the Government of the Vologda Oblast entered into a long-term agreement for the implementation of a climate project to reduce the carbon footprint. |
| 2023 | Plans/Strategy | In March, the company announced its plans to develop a new type of product "SSM-Tyazhmash" |
Competitor Comparison
| Key Parameters | Severstal | ArcelorMittal SA | Novolipetsk Steel | Magnitogorsk Metallurgicheskiy Kombinat | Evraz Plc |
|---|---|---|---|---|---|
| Headquarters | Russia | Luxembourg | Russia | Russia | United Kingdom |
| City | Cherepovets | Luxembourg | Lipetsk | Magnitogorsk | London |
| State/Province | Vologda Oblast | - | - | Chelyabinsk Oblast | England |
| No. of Employees | 46,000 | 190,000 | 52,800 | 17,887 | 71,591 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Alexey Mordashov | Chairman | Executive Board | 2015 | - |
| Alexander Shevelev | Chief Executive Officer; Director | Executive Board | 2016 | - |
| Alexey Kulichenko | Chief Financial Officer; Director | Executive Board | 2009 | - |
| Alexey Egorov | Senior Vice President - Communications and Government Relations | Senior Management | 2012 | - |
| Sergey Kovryakov | General Director -Severstal-Metiz | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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