Overview

Purchasing at Severstal North America supports our core business processes and helps us achieve the mission of “being leaders in value creation.”

In an increasingly competitive marketplace, we are continually seeking new  ways to enhance our competitive advantage. At Severstal NA, Purchasing is more than just buying the right parts at the right time for the right price; it is a strategic function that brings Severstal North America and its suppliers together for combined success.

Basic Principles

Suppliers are critical to our business, and we value our strong relationship with our supplier base. We believe in developing mutually beneficial, long-term relationships based on trust that benefit both the supplier and Severstal.

Purchasing focuses on the following principles:

• Ensuring Severstal suppliers share and conduct business in alignment with  our Mission, Vision and Values
• Fostering commitment to industry-leading safety performance at the workplace
• Focusing on the philosophy and practice of high quality and continuous improvement
• Being committed to fair competition. We are open to all suppliers, regardless of nationality, company size or length of working relationship
• Establishing long-term, mutually beneficial relationships based on trust nurtured through collaboration, accountability and communication
• Developing a diverse supply base

Our company always has set high standards for conducting business; in areas from corporate and social responsibility to sound business ethics, including compliance with all applicable laws and regulations. We expect the same commitment from our suppliers. Go to Severstal North America Purchasing Ethics.

Standards

We rely on our suppliers in the manufacturing process. We are looking for  companies to become active partners in the purchasing process.

Our valued suppliers provide value in the following key areas:

COST

• Price Competitiveness
• Cost reduction

DELIVERY

• High in-delivery metrics
• Just-in-time inventory flow
• Reliability, flexibility, adaptability and availability

QUALITY AND LATEST TECHNOLOGY

• Product or service quality
• Continuous process improvement
• Technological sophistication
• Turnaround speed