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OAO Severstal · Moscow Russia ·(Russian: CHMF)

Company Description

2/3 K Tsetkin St.
Moscow
12729-9
Russia (Map)
Phone: +7-495-540-7766
Fax: +7-495-540-7767
Rankings
  • #404 in FT Global 500
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Among the largest Russian steelmakers, Severstal produces numerous kinds of steel, such as cold-rolled steel, hot-rolled steel (structural steel for the construction industry), roll-formed shapes and pipes (angular shapes, C-shapes, and electric welded pipes), and rolled sections (hot-rolled channel bars, reinforcing bars, and wire rod). It operates primarily in Russia but also maintains operations worldwide. Its Severstal Resources unit also operates coal and iron ore mines. The company produces more than 19 million tons of steel, about 5 million tons of iron, and 4 million tons of coal annually. CEO Alexei Mordashov is Severstal's majority owner, controlling 83% of the company. To read the full description, subscribe now.
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Key OAO Severstal Financials

Company TypePublic - Russian: CHMF

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$22,392.2
2008 Employees93,813

OAO Severstal Executives

20 executives listed for OAO Severstal's Moscow,  location.
TitleName & BioContact
ChairmanChristopher Richard ClarkNetwork
CEO and DirectorAlexey MordashovNetwork
CFOAlexey KulichenkoNetwork

Competition

Competitive Landscape for OAO Severstal
Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.
Top OAO Severstal Competitors
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