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:
- Work honestly and transparently
- Honor our agreements to the best of our abilities
- Conduct ourselves in a professional manner with the highest levels of
integrity
- Inform all Severstal employees of the rules and principles of this
Code
What we expect from our partners
- To share our efforts to prevent fraud and report any suspected fraudulent
behavior
- To respect the highest standards of health and safety and environmental
sustainability in their work with Severstal
- To honor all obligations and agreements to the best of their abilities
- Work openly and professionally in all dealings with our company
- 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