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.
Severstal premium industry data and analytics
Products and Services
Products |
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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 | 49,462 | 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 | - |
Maxim Vorobyev | Chief Executive Officer - Karelsky Okatysh and Olcon; Director - PAO Severstal in Kostomuksha | Senior Management | 2007 | - |
Dmitry Gorbachev | Director - Business System Development | Senior Management | 2017 | - |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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