Severstal will present 38 items at the Fair, which will show its most recent innovations in the rolled steel-making technology, equipment, and making of end products.

All technology projects presented have received patents of the Russian Federation. Some of them were exhibited at Archimed 2002- Vth International Fair of Industrial Property. Severstal has received three medals and two special diplomas at this exhibit.

Several innovations of Cherepovets steel makers made jointly with various science research institutes will be presented. Over 80% of all presented innovations are applied at Severstal.

Besides that, Severstal is one of the leaders in Russian metallurgy in terms of the number of inventions patents. The majority of patents were received to new grades of steel, new technologies, and improvements in steel-making equipment.

According to Alexander Stepanov, technical director of Severstal, “Severstal has presented innovations and inventions which will help to come out with these technologies in the domestic and foreign markets. That, hopefully, draws attention of potential investors and consumers to Severstal’s intellectual property and makes them want to work with us.”

A panel of international judges will give away medals and special prizes to the Fair’s participants.

The Fair is arranged by the State and regional authorities, the Trade and Industry Chamber, The Russian Union of Industrialists and Entrepreneurs and Russian Trade Representative in Russia and abroad. The Fair is formally endorsed by the World Intellectual Property Organization and the International Association of Industrial Property. Severstal has already exhibited its innovations at the intellectual property market. However, it’s the first time it’s taking part in this Fair of Innovations and Investments.

04 Febrary 2003