OREANDA-NEWS. December 5, 2011. Severstal’s online Annual Report was ranked 14th in the TOP 30 Best Online Annual Reports Globally by The IR Global Rankings, and was the only CIS company in the list – http://www.irglobalrankings.com/irgr2010/web/conteudo_eni.asp?idioma=1&conta=46&tipo=34376.

Online Annual Report ranking are based on the information publicly available. The evaluations are executed by a team of experienced investor relations professionals and are reviewed by independent audit and legal experts. The IR Global Rankings provides a unique and value-added external review of a company’s communication process with analysts and investors worldwide and all participants can choose to receive an individual feedback with the key findings.

The IR Global Rankings is the most comprehensive ranking system for investor relations websites, online annual report, corporate governance practices and financial disclosure procedures. The ranking is based on extensive technical proprietary research of publicly traded companies through a clear and transparent methodology and is supported by key global institutions such as Arnold & Porter; KPMG; MZ and Sodali.

“We are very pleased with and inspired by the prestigious award. Severstal views itself as a global company, and hence is striving to become a best in class business, including in the area of corporate communications. This award is a good proof that we are moving in the right direction”, said Vladimir Zaluzhsky, head of IR at Severstal.