Mission & Values

Our mission is to be the leader in value creation.

  • Leadership in value creation has a wide meaning for us – both tangible and  intangible.
  • First of all, it means that we must create the company’s value at a faster rate than our competitors. We will achieve this at every stage of our company’s vertically integrated operations, starting from mining of raw materials right through to the manufacturing of high value-added products.
  • Leadership in value creation – is manufacturing of our products, which are  highly sought and used by people around the world for a wide range of projects in construction, energy, transportation, machinery and consumer goods areas.
  • Leadership in value creation – is what each one of us does every hour of every day. By undertaking additional efforts and walking an extra mile we can achieve more to exceed the expectations of our clients.
  • Leadership in value creation – is using our knowledge, experience and  expertise for the development and sustainable growth of the company. We  consider the interests of all stakeholders, including shareholders, clients, employees, business partners and the communities where we operate.

Our vision

  • Severstal is an international vertically integrated steel and mining company. We aspire to become the leader in value creation using the following key elements:
  • People
  • Excellence
  • Unity


We achieve excellence with the help of the Severstal business system. To  achieve competitive advantage we use a combination of factors, which can be presented in two main directions:

Customer satisfaction:

  • High quality products
  • High quality services
  • Positive experience of cooperation

Business processes improvement:

  • Market foresight
  • Sustainable business models
  • Project management
  • Mergers & Acquisitions
  • Operating systems improvement
  • Technology development


Our driving force and primary success factor are our professional and  dedicated people, united by a strong corporate culture and shared key company values:

  • Customer care. Our company exists due to our customers. We  respect and appreciate both our external and internal clients. We study their needs carefully in order to react efficiently when called upon and we develop for them and with them. We achieve this by building new operations, launching new products, improving our technology and service and making our business processes more efficient.
  • Efficiency and Agility. “Doing the right thing in the right way” is a key principle that informs our work. We therefore are  constantly looking at ways to improve the seven factors of our Severstal business system. We aspire to achieve the best results by driving timely innovations and leveraging our resources in the best way through rigorous implementation.
  • Respect to employees. We aspire to become the employer of  choice by providing good working conditions, making fair appraisals of employee performance and providing the potential for self-realization, career development and initiative inside the company.
  • Teamwork. Through unity, we can achieve more together. Our  actions are based on trust, responsibility and decisions which we reach and  realize together by using the potential and professionalism of all members of  our team. Our shared company vision and goals will lead to lasting success.
  • Safety. Nothing can justify a violation of industrial safety rules and or behavior that neglects our peoples’ health and life. We  create and maintain safe working conditions in order to safeguard our team’s health and well being. We aspire to prevent environmental pollution, to promote the efficient use and conservation of energy and natural resources.


Unity is our fundamental principle and a necessary condition to achieve leadership in value creation. Our unity is based on shared goals, values and  business standards. Only together we can achieve more.

Our Goal

Our goal is to learn from our past experiences, to regain profitability and  to continue to develop and grow by taking advantage of the opportunities presented by current economic conditions in order to be one of the world’s leading steel and mining companies.

OAO Severstal News
September 18, 2019

Severstal has launched a pilot project under the World Steel Association’s (“Worldsteel”) “Step up” programme, which aims to reduce greenhouse gas (GHG) emissions by the global steel industry through the introduction of a new methodology. Launched at Severstal’s flagship steel mill in Cherepovets, a study has begun using the Worldsteel benchmarking system to identify opportunities to reduce CO2 emissions from steel production in the near term.

September 17, 2019

Severstal announces that it has invested in Arcanum Alloys, Inc., a Michigan-headquartered company that develops innovative steel-based alloys. Severstal is the lead investor of the round, investing approximately six million dollars in this funding round. Among other major investor in the company is the leading American venture capital firm Khosla Ventures.

July 29, 2019

Severstal Digital LLC (a division of PJSC Severstal) has developed a neural network to detect surface defects in Metal Processing Shop No. 2 (TsOM-2), which produces flat rolled products at the Cherepovets steel mill (CherMK).

July 25, 2019

PAO Severstal, one of the world’s leading steel and steel-related mining companies, announces that it has completed the sale transaction of Mini-Mill Balakovo to Abinsk Electric Steel Works LTD. The consideration of the transaction is $215 million.

July 19, 2019

Severstal reports Q2 & H1 2019 financial results

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