The Group has a high degree of vertical integration which allows it to control and effectively manage the entire production process — from mining of raw materials to production, processing and distribution of metal products.
All enterprisesCrude steel production
Coal sales volumes including intercompany sales
Iron ore sales volumes including intercompany sales
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.
Strategic priorities for 2022
Investments in Severstal’s Russian Steel division in 2022 will totally amount to $1,123 mln: $675 mln will be allocated to development projects and $246 mln to maintenance.
The most important projects are redesigned 13 mln tonnes crude steel capacities project with new technical solutions, long mill 170, 100 MW combined heat and power plant with electric air-blowing station, modernization of crude benzol rectification department, technical modernization of Hot-dip aluminizing continuous line, as well as preparatory works for the blast furnace 5 modernization.
In a wide range of products, high value-added flat products account for the largest share, while the output of long products for the construction industry and further processing products is growing.
Strategic priorities for 2022
Investments in 2022 will amount to $503 mln: $203 mln of which will be used to develop production.
One of the most important development projects will be the main phase of construction of the Cyclic-flow technology complex at Karelsky Okatysh, development of the Pechegubsky field at the Olkon, Yakovlevsky mine and Karelsky Okatysh ramp up.
