Introduction
Severstal strategic analysis
External environmental analysis
Porter’s five forces
Yips globalisation strategy
Current strategy
Industry life cycle
Market segmentation
Severstal acquisition activities
BCG MATRIX
Ansoff matrix
Stakeholder analysis
Conclusion
Appendix
References
Introduction:
This assignment is based on one of the biggest steel company in the world it is known as Severstal. This company was founded in 1955 by Cherepovets steel mill and remain under soviet government ownership until 1991. In 1993 Alexel Mordashov became owner of this company and registers the company name as Severstal in Russia. After the privatisation it becomes one of the international Russian companies with overseas export and ownership of foreign assets. And they also listed in LSE and RTS stock markets. They own production in Canada, US, and Europe. Severstal is one of the leading steel manufacturers in Russia. It consists of six segments such as Kolpino processing service Centre, metal ware, pipes, trading and services, steel and scraps procurement
In 2008, Severstal became third biggest steel producer in Russian and 14 in the world, and the revenue reaches to US$ 22.4 billion. In same year they decided to change company structure by making three divisions such as Severstal international, Severstal Russian steel and Severstal resources. These changes improved their profit in the world. In 2007 they also established gold business in the world. In 2010 Severstal improve their leading position in Russian market. However, they are famous for their high value added products such as galvanized sheet, cold rolled and pipes. However, the company got 10 boards of directors and 5 are independent director including chairman.
Finally, this research will examine the company strategic performance and tell us detail information of the company including its environmental factors and financial performance in the world.