About Severstal
Severstal remains a global leader in efficiency, with the highest EBITDA margin in the steel industry worldwide, positive free cash flow generation throughout the cycle and a track record of achieving its targets.
To deliver additional growth, the Company has updated its already proven strategy — retaining its fundamental advantages but adding extra elements. Severstal’s new vision is to be a leader of the steel industry of the future and the first choice for its customers, employees and partners.
To achieve this, the Company is setting out new strategic priorities to distance itself further from its competitors. These are: superior client experience, cost leadership and embracing new opportunities. All three will be supported by Severstal’s advanced corporate culture.
- Superior client experience — Severstal aims to offer our customers unique selling propositions on each target market;
- Cost leadership — Severstal’s goal is to achieve a significant cost advantage in basic steel products;
- New opportunities — Severstal’s aim is to access and consequently benefit from the use of global innovative technology and new business-models.
Implementing this set of objectives will support the Company in reaching its financial target of increasing EBITDA by 10-15% annually for the next 5 years. (This excludes pricing/macro factors.)
Strategy, vision and
values of Severstal
We exist to speed up success
through continuous improvement,
and work together to develop new opportunities
Vision — to be the steel industry leader of the future
Mission — to be the leader in value creation
Our strategic priorities
Our vision is for Severstal to be the leader of the steel industry of the future and the first choice for its customers, employees and partners
In 2020 Severstal joined the global environmental agenda and made sustainable development an independent strategic priority.
Severstal in numbers
10.7 million tonnes
Of steel
11 million
tonnes
Crude steel
2.3 million tonnes
Of iron ore products (sales)
10.9 million tonnes
Of steel products (sales)
7.2 million tonnes
Of iron ore (sales)
46 K
Employees
Presence map
Severstal puts significant effort into creating meaningful contributions to the future of our local communities on top of the minimum benchmark of meeting regulatory requirements. Severstal develops multi-party cooperation channels to work with the federal government, local authorities and communities in our regions.
Production and processing of raw materials
Services
Production of metal products
Other