OREANDA-NEWS.  Alexey Kulichenko, Chief Financial Officer of OAO Severstal, one of the world’s largest vertically-integrated steel and steel-related mining companies, took part in the conference Steel Success Strategies which is the major industrial event, organized by the leading global consultancy World Steel Dynamics in New York.

During the conference Alexey Kulichenko made a speech at the panel discussion “International: The smaller the world – the bigger the thinking” moderated by Edwin Basson, director general, worldsteel. In his speech Alexey Kulichenko told about OAO Severstal successfully navigating in the headwinds. He outlined the following key strategic priorities of Severstal: continuous operational improvement, efficient cash flow management and smart investment policy.

According to A.Kulichenko, in the aftermath of economic crisis of 2008−2009 steel demand increase was not sufficient to coup with the global steel overcapacity issue. “Yet, despite the difficult market situation, steel producers with efficient business model and with flexibility to tackle the industry challenges, can be successful, stable and have good financial results”, emphasized Kulichenko.

Top-managers of Severstal are regularly invited to be the speakers of the first, keynote session of Steel Success Strategies.