NLMK Group is a leading international steel company. The Group is vertically integrated company producing and delivering a comprehensive range of flat and long steel products. NLMK, with over 17 million tonnes of steelmaking capacity, is one of the world's foremost suppliers of slabs and transformer steel and is a leading supplier of high value added products including pre-painted, galvanized and electrical steel as well as a variety of long steel products.
With the state of the art production facilities, NLMK is at the cutting edge of modern steel production.
The Company's business is highly geographically diversified by sales markets with product deliveries to over 60 countries worldwide.The Company enjoys one of the most competitive production costs among global steelmakers and is known as one of the most profitable steel company globally.
Penske Media Corporation (PMC) is a leading global media and information services company whose award-winning content attracts a passionate audience. Since 2004, Penske Media has been a pioneer in digital media and a platform innovator, reaching viewers on all screens across its ever-growing constellation of iconic brands, which includes Variety, Rolling Stone, The Hollywood Reporter, Billboard, WWD, SHE Media, Robb Report, Deadline, Sportico, BGR, ARTnews, Fairchild Media, Vibe, IndieWire, Dirt, Gold Derby and Spy.com, among many others. PMC’s journalists and content creators deliver daily the most comprehensive news and information in their industries and areas of coverage, unequaled in ambition, depth, and courage. In addition, PMC owns several vital cultural events such as SXSW, LA3C, and Life is Beautiful. Headquartered in New York and Los Angeles with additional offices in 14 countries worldwide, PMC believes companies should not only be profitable but also forces for good.
Severstal remains a global leader in efficiency, with the highest EBITDA margin in the steel industry globally, positive free cash flow generation throughout the cycle and a track record of achieving its targets.
To deliver additional growth, the Company has updated its already proven strategy - retaining its fundamental advantages but adding new elements. Severstal's new vision is to be a leader of the steel industry of the future and the first choice for its customers, employees and partners.
To achieve this, the Company is setting out new strategic priorities to distance itself further from its competitors. These are: superior client experience, cost leadership and embracing new opportunities. All three will be supported by Severstal's advanced corporate culture.
Superior client experience - Severstal aims to offer our customers unique selling propositions on each target market;
Cost leadership - Severstal's goal is to achieve a significant cost advantage in basic steel products;
New opportunities - Severstal's objective is to access and consequently benefit from the use of global cutting-edge technology and new business-models.
Implementing this set of objectives will support the Company in reaching its financial target of increasing EBITDA by 10-15% annually for the next 5 years. (This excludes pricing/macro factors.)
Moscow, RU
Public
$8.1B Revenue
http://www.severstal.com
1.7K Employees
CHMF Ticker
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