Russian steelmaker Severstal has announced that it has signed a four-month contract to deliver rolled steel to Renault-Nissan in the March-June period of the current year.
Steel produced at the Cherepovets Steel Mill will be used in car production at the Moscow and Tolyatti plants of Renault-Nissan and AVTOVAZ Alliance. Severstal will meet 83 percent of demand from its two factories in Russia.
Severstal's Cherepovets Steel Mill also continues to supply steel to GM Uzbekistan for production of Daewoo and Chevrolet cars under a one-year contract that began in January this year. Severstal is GM Uzbekistan's primary supplier of rolled steel. In 2014, it supplied more than 60 percent of GM Uzbekistan's steel consumption.
Since the beginning of 2015, Severstal has already been delivering rolled steel to Volkswagen Group Rus under a one-year contract.
In 2014, Severstal began supplying hot dip galvanized steel for making car parts for the Volkswagen Polo Sedan model which are assembled at Volkswagen Group Rus's facilities in Kaluga.
Severstal delivered a total of 210,000 mt of rolled steel to international automakers in 2014, up six percent compared to 2013.