|
Annual Report & Accounts 2010 |
|
|
|
Annual Report & Accounts 2010 |
|
 |
|
|
|
Risk Management“Severstal top team, managers and employees at each level are responsible for developing and using the risk management system”
Severstal’s operations are subject to certain risks. Our top team, managers and employees at each level are responsible for developing and using the risk management system, and we have a risk management committee to coordinate its implementation, with key managers as its members. The Board of Directors and top management control the risk management system’s effectiveness. We describe the most important risks below. |
|
Severstal’s forecasting system
Alexander Malanichev Head of Strategic Marketing Performance Review“Notable drivers of revenue growth in 2010 were sales of steel products to the Russian market, sales of mining products to third parties, and accelerating quarter-to-quarter gold sales globally on the back of the rapid expansion of our gold business” Read More |