Severstal PJSC Will Take Part in the Exhibition and Convention Programs of SPIGF 2018 – St. Petersburg International Gas Forum
News
17 September 2018
Severstal PJSC Will Take Part in the Exhibition and Convention Programs of SPIGF 2018
Forum news

Severstal PJSC, one of the world’s leading vertically integrated steel and mining companies, will present its products, services, and innovative solutions for the Russian gas sector during the Forum.

Severstal PJSC is the supplier of high quality rolled steel products and steel pipes for construction, machine engineering, automotive and oil&gas industry, and is one of the top Russian manufacturers of iron ore and sinter coal. Most of the company’s production sites are located in Russia, but Severstal has manufacturing assets in Latvia, Poland, and Italy, too. The company’s shares are listed on the Moscow stock exchange, and its global depository receipts are listed on the London Stock Exchange. In 2017, Severstal produced 11.65 mln tons of steel and 9.16 mln tons of cast iron. The share of high value added products is 46%.

In 2017, the company’s revenue reached $7.848 bln, and its EBITDA – $2.577 bln, whereas EBITDA profitability lined up with 32.8%. Severstal is steadily holding the positions of the global leader in business profitability. The company pays dividends on the regular basis.

In some of its presence regions, Severstal is the major employer, employing about 50 thous. people. The company is concerned about welfare of its employees, and intentionally establishes conditions for development and unlocking of their professional potentials.

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