Severstal received GOSGRANT Support for Social Projects prize

Severstal, JSC one of the world’s leading vertically integrated steel and steel related mining companies, won the Support for Social Projects prize for its Road Home program at the 2nd Congress of Nonprofit Organizations of Russia and All-Russia Conference (GOSGRANT) awards. Experts judged Severstal’s Road Home program in Cherepovets, where Severstal’s core business unit the Cherepovets Steel Mill is located, to be one of the best examples of a successful public-private partnership combating the problem of social orphanage and child homelessness in Russia.

Severstal, JSC is one of the world’s leading vertically integrated steel and steel related mining companies, with assets in Russia, the USA, the Ukraine, Latvia, Poland, Italy, Liberia and Brazil. Severstal’s gold business, Nordgold, was established in 2007 and comprises mines and exploration projects in Russia, Kazakhstan, Burkina Faso and Guinea. Severstal is listed on RTS and MICEX and the company’s GDRs are traded on the LSE. Severstal reported revenue of $13,573 million in 2010. Severstal’s crude steel production in 2010 was 14.7 million tons.