Baltic States – CIS, Latvia, Markets and Companies, Metals Market

The reason is that the companies work under single standards at the CIS and EU markets, and the new name implies the function of the companies and their belonging to common distribution network, Nesterova indicated.

Companies of the distribution network were established in various countries at different times, but they all have the same goal – to promote steel products manufactured at Severstal in the markets where the company operates. From now and then all the companies in the network are called Severstal Distribution.

"Over the past two years we have analyzed business processes of the distribution network companies and found the best practices to make a set of standards for all five companies. Changes and constant market research provided the basis for our complex offer to customers in steel products and related services at customer’s request," said Andrey Alekseev, the head of the distribution network of Severstal Russian Steel.

Severstallat was established in Latvia in 1992. The company ships steel products to more than a hundred customers in the EU.