Strategic Development of PJSC PAO Severstal as Part of Russian Metallurgy and International North–South Transport Corridor
Year: 2025
Type: article
Abstract: In the situation of Western sanctions when Russian companies are on the lookout for alternative sales markets, international transport corridors gain a national strategic importance. As the current geopolitical instability destroys old supply chains, the new international transport corridors have to go around unfriendly territories. In such conditions, the relevance of the unfinished North–South transport corridor can hardly be overestimated. Metallurgy constitutes a significant part of Russian exports. Russian metallurgical companies are especially interested in reliable and sustainable sales routes because their products are purchased by many industries. In this context, the national economy needs strategic initiatives that can ensure effective planning and resource management. This article introduces an overview of the Russian metallurgical sector. By the end of 2023, pig iron, steel, and aluminum production had amounted to 54.2, 75, and 3.7 million tons, respectively. The review covered the largest metallurgical companies and the transport corridors on Russian territories, including a comprehensive analysis of the North–South international transport corridor. This route offers excellent export prospects for PJSC PAO Severstal. The company is the national metallurgical leader: in 2023, it produced 11.2 million tons of steel and reached a revenue of 728.3 billion rubles.
Source: Strategizing Theory and Practice
Authors: Andrey Inshakov, Dmitrij Evdokimov
Language: English
Subfield: Development
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4416133068