23 October 2015

'Resilience through operational excellence'

PAO Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, is today hosting its annual Capital Markets Day in London.

Vadim Larin (CEO), Alexey Kulichenko (CFO) and Sakari Tamminen (Senior Independent Director), will update investors and analysts on the Company's progress against the stated strategic objectives. These include delivering industry leading EBITDA margins, generation of a sustainable free cash flow and low cost position along with a prudent net debt profile and limited capital expenditures.

Vadim Larin, Chief Executive Officer, said: 'Severstal's Capital Markets Day is a highly important platform for updating existing and prospective investors on the Company's performance and its delivery against strategic objectives. Our presentation today will address the challenges in the market and Severstal's strategy to remain resilient, delivering industry-leading results and sustainable performance.'

A live webcast of the presentations will begin at 11:00am and will be accessible via the Company's website at: http://www.severstal.com/eng/ir/cmd/

distributed by