Issuer profile: (Founded in 1955) On September 24, 1993 according to the decree of the President of the Russian Federation, the state-owned Cherepovets Iron and Steel Complex was registered by the municipal administration of the city of Cherepovets as Severstal joint-stock company.
The unique raw materials (low phosphorus content in the ferrous quartzites from Kolsky Peninsula and low sulfur in the Pechora coal), first-class equipment and the use of numerous technical innovations are the advantages that allow Cherepovets Steel Mill to be one of the most powerful steel producers.
Outstanding issues:
3 issue(s) outstanding worth USD 1 950 000 000
Issuer's rating:
| Standard&Poor's |
BB/Positive |
Int. Scale (foreign curr.) |
06/24/2008 |
| Standard&Poor's |
BB/Positive |
Int. Scale (loc. curr.) |
06/24/2008 |
| Standard&Poor's |
ruAA |
National Scale (Russia) |
06/24/2008 |
| Moody's |
Ba2/Stable |
Int. Scale (foreign curr) |
07/06/2007 |
| Fitch Ratings |
BB/Stable |
Int. Scale (foreign curr.) |
08/25/2008 |
| Fitch Ratings |
AA(rus)-/Stable |
National Scale (Russia) |
08/25/2008 |
| Moody's Interfax Rating Agency |
Aa2.ru/Stable |
National Scale (Russia) |
07/06/2007 |
| National Rating Agency |
AA |
National scale (Russia) |
07/06/2007 |
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