Severstal is one of the world's leading vertically integrated steel and steel-related mining companies. With approximately 50,000 employees, Severstal has assets in Russia, Belarus, Kazakhstan, Ukraine, Latvia, Poland, Italy and Liberia. Severstal is listed on the Moscow Stock Exchange, its global depositary receipts (GDRs) are traded on the London Stock Exchange. Severstal is a global leader by EBITDA, with a 32.8% margin in 2015. In 2015, Severstal produced 11.45 million tonnes of crude steel, reported revenue of $3.396 billion and EBITDA of $2.096 billion.