The Company’s main assets are located in Russia. The Company’s origins date back to 1955, when the Cherepovets Steel Mill began operations.
Our mission is to be leaders in creation. We are driven by the success and progress of those with whom we interact. And for this reason we continue to develop metallurgy and inspire others to seek new things.
Our vision is to be the metallurgical leader of the future. We aim to be the company of first choice for customers, employees and partners, driven by four strategic priorities.
Severstal’s strategy is to maintain its global leadership in efficiency and strengthen its position in the Russian market. The updated strategy identifies five strategic priorities: occupational and environmental safety, quality of life for employees, leadership in customer service, digital technologies and cost. At the same time, the company has retained the main elements of the previous strategy, which form a competitive advantage.
In 2024, Severstal presented its 2028 development strategy, aimed at maintaining its global leadership in efficiency and strengthening its position in the Russian market.
Severstal's strategic priorities include occupational and environmental safety, quality of life for employees, leadership in customer service, digital technologies and production costs. The Company has updated its proven strategy, retaining its fundamental strengths but adding new elements to meet new challenges.
Our strategy
10.4 mln tonnes
Steel production
10 mln tonnes
Pig iron production
10.9 mln tonnes
Metal products sales
2.2 mln tonnes
Iron ore sales
52 K
Employees
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
