Annual Report & Accounts 2013
Severstal Annual Report 2013 Home > Performance > Severstal International > Production results
 

Production results

In 2013, Columbus and Dearborn produced 4,979 thousand tonnes of crude steel and Dearborn produced 1,959 thousand tonnes of hot metal.

Production volumes (thousand tonnes)20132012Change %
Hot metal1,9591,8505.9%
Crude steel4,9794,5878.5%

CEO statement

Our strategic goal remains the same: we aim to be a leader in value creation. In the current volatile and challenging market environment, this means the ability to generate solid positive free cash flow throughout the market cycle.

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Chairman statement

Since listing we have been committed to the highest standards of corporate Governance and aim for full compliance with the UK Corporate Governance Code.

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Performance review 2012

Severstal achieved a solid set of results in 2012, despite worsening economic conditions, maintaining the Group’s EBITDA margin at 15.0%, reflecting the resilience of the business.

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Performance review 2012 - Severstal International

Severstal is now strongly positioned in one of the world’s largest and most dynamic markets. We have invested heavily in our US operations since 2004 and now this modernisation is complete, we are making good progress towards our production targets.

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