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Izhora Pipe Mill
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Code of Business Conduct
 

Code of Business Conduct

Principles of our work

Trust, Quality, Honesty and Service are imbedded in everything we do.

To conduct ourselves in a professional manner with the highest standards of honesty and integrity.

To act ethically and cooperate openly with our partners, suppliers and customers.

To treat our partners, suppliers and customers with respect.

To conduct all of our work to the highest standards of health & safety and environmental sustainability.

To provide our partners, suppliers and customers with honest and accurate information about our products, services and prices and those of our competitors.

To maintain the strictest levels of confidentiality with our partners, suppliers and customers.

To always honor our agreements to the best of our ability. If we are unable to deliver on time, we will inform our partners, suppliers and customers accordingly and offer alternative solutions.

To treat any accusations of fraud with the utmost importance and will report all instances of suspected fraudulent behavior.

To refuse any gifts or corporate entertainment that might compromise our integrity and to avoid all situations that may lead to conflicts of interest. 

Our commitment

To work effectively and successfully with our partners, we will:

  1. Work honestly and transparently
  2. Honor our agreements to the best of our abilities
  3. Conduct ourselves in a professional manner with the highest levels of integrity
  4. Inform all Severstal employees of the rules and principles of this Code

What we expect from our partners

  1. To share our efforts to prevent fraud and report any suspected fraudulent behavior
  2. To respect the highest standards of health and safety and environmental sustainability in their work with Severstal
  3. To honor all obligations and agreements to the best of their abilities
  4. Work openly and professionally in all dealings with our company
  5. Inform their employees who work with our company of the rules and principles of this Code

If you suspect any behavior in breach of this code, please email komitet@severstal.com in the highest confidence.

Alexey Mordashov

Chief Executive Officer

OAO Severstal News
August 06, 2018

PJSC Severstal will reduce its emissions to the atmosphere by almost 700 tons per year during the reconstruction of coke oven battery No. 4 (KB-4) at the Cherepovets Metallurgical Plant (CherMK).

July 26, 2018

AO Vorkutaugol has successfully completed an experiment at Pechorskaya Concentrating Mill to improve the quality of its coal concentrate.

July 19, 2018

PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q2 & H1 2018.

July 19, 2018

Severstal reports Q2 & H1 2018 financial results

July 18, 2018

The Board of Directors of Severstal is recommending a dividend of 45.94 roubles per share for the three months ended 30 June 2018.

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