Severstal consolidates its gold assets within a single structure named Nordgold, a major emerging-markets player

Severstal launches its 250,000 tonne capacity new pipe-section mill Severstal TPZ Sheksna, located in the Sheksna industrial zone of Russia's Vologda region

Severstal introduces a new corporate brand identity reflecting the company's truly global nature and its status as a leader in the metals and mining industry

Severstal launches an ERP (Enterprise Resource Planning) project implementing SAP software to increase the efficiency of its key business processes

Severstal streamlines its corporate structure, creating three divisions: Severstal Russian Steel, Severstal Resources and Severstal International

Severstal receives first international mining exposure acquiring PBS Coals, a coking coal producer in Pennsylvania

Severcorr mini-mill, one of the most modern steel mini-mills in the US (later renamed Severstal Columbus), begins operation

Severstal commences development of the Balakovo Long Product Mini-Mill in Russia as a move to expand its presence in a promising market and enhance the product mix

Initial public offering on the London Stock Exchange

Severstal completes the construction of the Izhora Pipe Mill, a large-diameter pipe producer in Russia

Severstal stock is listed on MICEX

Issuing its first Eurobond, Severstal gains international recognition as a reliable public debt borrower

Severstal enters the US market following the acquisition of Rouge Steel, forming Severstal North America, now called Dearborn, an integrated steelmaking facility based in Michigan

Consolidation of Russian mining assets within Severstal creates one of the highest levels of raw materials self-sufficiency in steelmaking among Russian players