City giant seals new Russian steel deal

Sheffield Forgemasters has further strengthened its position as Russia’s leading steel rolls supplier, after securing a contract worth more than £15.5 million with the country’s largest steel company Severstal.

The multi-million pound deal is for a range of work which will be supplied to the steel giant over the next three years.

The finished components will be used to roll steel sheets for domestic use such as car manufacturing and white goods.

Ken Brooks, senior sales manager at Forgemasters, said: “This latest order from Severstal further builds upon the existing strong relationship we have with the company.

“When we started working with Severstal in 1999, the company required a supplier that could deliver modern technologies as well as the highest quality products. At Forgemasters we pride ourselves on our innovation and quality, so we are keeping that requirement fulfilled almost 13 years later.”

The contract comes less than a year after Forgemasters’ secured a £5.5 million contract with Severstal, to fulfil the majority of the company’s cold mill requirements for this year.

Ken said: “Russia’s demand for domestic steel is enormous and as the country’s largest forged rolls supplier, we can use our expertise and state of the art techniques to deliver the highest quality products.”

Russia is now well established as one of Forgemasters’ key global markets, along with Africa.