ОАО Severstal (“Severstal” or the “Company”), one of the world’s leading vertically integrated steel and steel related mining companies, announces that its Cherepovets Steel Mill, part of the Severstal Russian Steel Division and one of the world's largest standalone integrated steelworks by capacity, has completed an upgrade of one of the principal units comprising blast furnace No.5, its air heater.

Severstal North America is pleased to announce a Steel Manufacturers Association (SMA) safety award the company received for Zero Lost Time Accidents (LTA) at its Columbus, Mississippi facility. “Companies continue to create innovative methods to improve and implement safety procedures. Severstal Columbus is recognized for showing exemplary performance for having zero lost time accidents,” said Thomas Danjczek, President of SMA.

ОАО Severstal (“Severstal” or the “Company”), one of the world’s leading vertically integrated steel and steel related mining companies, has won the award for Environmentally Responsible Business organized by the Russian Union of Industrialists and Entrepreneurs. The award was presented during Russian Business Week in Moscow at a conference entitled Environmental and Industrial Safety: Role of Business and State in Risk Mitigation.

OAO Severstal (‘Severstal’ or the ‘Company’), one of the world’s leading vertically integrated steel and steel related mining companies, announces that its Cherepovets Steel Mill, part of the Severstal Russian Steel Division and one of the world's largest standalone integrated steelworks by capacity, increased deliveries to Russian pipe making companies in 2011 by 5%.

OAO Severstal (“Severstal” or the “Company”), one of the world’s leading vertically integrated steel and steel related mining companies, announces that the shareholders of Afferro Mining Inc. have today approved the sale of its 38.5% interest in the Putu iron ore project in Liberia to Lybica Holding B.V., the Company’s indirect subsidiary.

OAO Severstal (‘Severstal’ or the ‘Company’), one of the world’s leading vertically integrated steel and steel related mining companies, announces that its pipe production unit, the Izhora Pipe Mill (IPM), which specializes in the manufacture of large diameter pipes from strips produced by the Cherepovets Steel Mill, part of the Severstal Russian Steel Division, produced over 500,000 tons of large-diameter pipes in 2011, primarily for use in major oil and gas projects in Russia. This represented an impressive 10% increase on 2010 production levels.

Severstal North America, one of the largest US-based steel producers and a wholly-owned subsidiary of OAO Severstal, one of the world’s leading vertically integrated steel and mining companies, announced the launch of its new, second Hot Dip Galvanizing Line (HDGL2) in Columbus, Miss. The new line has a designed annual capacity of 540,000 metric tonnes (600,000 net tons) of hot rolled and cold rolled galvanized products. Capable of galvanizing product up to 72” wide with a gauge range of up to 0.125”, the line will target applications for construction, infrastructure and culvert markets.

Severstal announces on behalf of Lybica the results of the Exchange for Nordgold GDRs

DEARBORN, Mich. January 10, 2012 – Severstal North America, one of the