Severstal is listed on the Moscow Exchange and LSE and is the largest steel company in Russia.
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13 Facts About Severstal
2.
Severstal owns major industrial facilities in Russia, Ukraine, Kazakhstan, France, and Italy, as well as in several African countries.
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3.
Severstal has mining assets, thus securing its supply of raw materials.
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4.
Severstal has been ranked as among the 16th best of 92 oil, gas, and mining companies on indigenous rights and resource extraction in the Arctic.
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5.
In February 2007, Severstal acquired Celtic Resources, a gold mining company with assets in Russia and Kazakhstan.
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6.
In October 2007, Severstal acquired Aprelkovo and Nerungri Metallic, two gold mines in Eastern Russia.
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7.
In May 2008, Severstal acquired Sparrows Point, a steel mill in Maryland, USA, from Arcelor Mittal.
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8.
In May 2008, Severstal Resources acquired a controlling stake in an iron ore deposit in Western Africa and becomes a shareholder of Mano River Resources.
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9.
In November 2008, Severstal Resources acquired a controlling stake in High River Gold.
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10.
In 2014, Severstal divested its steelmaking operations in the United States, selling the former Rouge Steel plant in Dearborn, Michigan to AK Steel Holding for $700 million, and its mini-mill in Columbus, Mississippi, built in 2007, to Steel Dynamics for $1.
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11.
In December 2021, according to group's decarbonization strategy, Severstal agreed to sell "Vorkutaugol" to "Russkaya energia" LLC for 15 billion roubles.
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12.
In 2018, Severstal became one of the pilots of the World Steel Association's programme to reduce greenhouse gas emissions by the global steel industry 'Step up'.
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13.
In June 2019, in connection with the Presidential Decree dated 7 May 2018 No 204 “On the National Goals and Strategic Objectives of the Development of the Russian Federation for the Period up to 2024” and the Federal Project “Clean Air”, Severstal entered into the agreement on co-operation for reducing air emissions in Cherepovets with the Ministry of Natural Resources and Ecology, Rosprirodnadzor and the local authorities.
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