Severstal

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Severstal

logo
legal form Corporation
ISIN RU0009046510
founding 1955
Seat RussiaRussia Russia , Cherepovets
management Alexei Mordashov , CEO and main owner
Number of employees 50,000
sales $ 15.25 billion (2007)
Branch metallurgy
Website www.severstal.com

Old logo

Severstal ( Russian Северста́ль , in German Nordstahl) is a Russian metallurgy company headquartered in Cherepovets . The company is listed in the RTS Index and on the London Stock Exchange. Severstal is the second largest steel producer in Russia and No. 15 in the world. According to the company, BMW , Ford and Mercedes are among its largest customers.

Severstal emerged from the Tscherepowezer iron and steel works founded in 1955 . During the privatization of Russian state-owned companies in 1993, Alexei Mordashov , the company’s finance director at the time, acquired a large part of the company's shares.

Divisions

  • Severstal International
    • Lucchini Stahl (2nd largest steel manufacturer in Italy, 15 plants in Italy and France)
    • Severstal North America (SNA); 4th largest steel manufacturer in the USA
      • Delaco Processing (SNA 49%) in Dearborn , Michigan
      • Double Eagle (SNA holds 50%) in Dearborn (Michigan) with 789,000 tons per year
      • Mountain State Carbon (SNA 50%) in Follansbee, West Virginia, with 1 million tons of coking coal per year
      • Spartan Steel (SNA 48%) in Monroe, Michigan
  • Severstal Resources
    • Iron ore
    • gold
    • coal
      • VorkutaUgol (Russia's largest coal producer)
        • in Vorkuta north of the Arctic Circle
        • 5 mines (Workutinskaya, Severnaya, Sapoljarnaja, Komsomolskaja, Worgaschorskaja in Worgaschor )
      • PBS Coals
        • Capacity 4 million tons per year
        • Northern Appalachian Coal Fields
        • 6 mines and 6 opencast mines
    • Recycling of metal
  • Severstal Russian Steel
    • Ischora tube factory in Kolpino
      • Capacity 600,000 t per year
    • Metalware (1.5 million tons per year of wire and wire products)
      • Carrington Wire (UK)
      • Dneprometiz (Ukraine)
      • Severstal-Metiz in Tscherepovets
      • Plant in Oryol
      • Plant in Volgograd
      • 4 other subsidiaries (Steellace, UniFence, UniSpring, Orelcor)
    • Severgal steelworks in Cherepovets
      • Capacity 13 million tons per year

Acquisitions in 2008

  • African Iron Ore Group: $ 37 million for 61.5% (iron ore project in Liberia)
  • Celtic Resources Holdings (gold in Kazakhstan): $ 308 million
  • Esmark Inc .: $ 775 million
  • PBS Coal Corp. (USA): $ 698 million
  • Sparrows Point Steel Mill in Baltimore, Maryland, USA: $ 810 million
  • WCI Steel of Warren, Ohio : $ 140 million
  • High River Gold Mines (gold in Russia and Burkina Faso): $ 50 million

Sponsorship of the U-cruiser Severstal

The Akula-class heavy sub-cruiser TK-20 Severstal has been named after the group since 2000 , after Severstal signed a contract with the Russian Ministry of Defense that included sponsoring the submarine.

See also

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  1. a b Archived copy ( memento of the original dated November 3, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.severstal.com
  2. Archived copy ( memento of the original from November 15, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.greenpeace.de
  3. http://www.deepstorm.ru/DeepStorm.files/45-92/nbrs/941/tk-20/TK-20.htm

Web links