According to Peter Markus, the aim of his visit is to study Severstal state of affairs, and also to carry out a research on positioning of the company in metallurgy.
Expert met with Vadim Makhov, Deputy general director on strategy and controlling, company Severstal-Group, Strategic planning department` specialists, made a tour to main productions.
"Severstal is among the profitable metallurgic companies, -P.Markus says. It`s due to a factor that Severstal works on cutting down costs and upgrading product quality. Another important advantage of Iron & Steel Complex is a programme of capital investments, meant for increase of productive capacities."
Rise of Russian economics and increase of supplies to the domestic market also stimulate increase of Severstal` profitability.
For information: "World Steel Dynamics" is one of the authoritative scientific research centers in metallurgy. Experts of the firm regularly carry out research, publish steel marketing forecasts, dynamics of demand, supply, prices, etc.
30 July 2003
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