Izhevsk Steel Works Preferred Stock (IGSTP)

Overview

Izhstal PAO is a distinguished manufacturer and supplier of specialty steel and stainless long products located in Russia. With a rich history dating back to 1760, the company primarily engages in the production and distribution of a variety of hot-rolled steel, wire rods, ingots, bars, solid profiles, wires, and cold-drawn strips. Izhstal PAO plays a pivotal role in supplying high-quality steel products that find applications in numerous industrial sectors including automotive, agricultural, power, oil and gas, and construction. The company is strategically headquartered in Izhevsk, Russia, and operates as a subsidiary of Mechel PAO, further embedding its significance within the Russian steel industry.

Products and Services

Izhstal PAO offers a wide range of products and services catering to various industrial needs. These include:

• Hot-Rolled Steel and Wire Rods: These products serve as foundational materials for manufacturing in sectors such as construction, automotive, and machinery. Known for their strength and ductility, hot-rolled steel and wire rods from Izhstal PAO are essential for products requiring high structural integrity.
• Ingot: Ingots are large blocks of metal that are the primary forms from which different steel products are made. They are used in industries that require bespoke steel shapes or large, continuous forms of steel for further processing and manufacturing.
• Bars and Solid Profiles: Izhstal PAO provides a variety of bars and solid profiles, designed for use in high-stress applications such as the construction of buildings, bridges, and other structural components. These products are appreciated for their versatility and customizability in various industrial projects.
• Wire: Steel wire products are integral to numerous applications, including but not limited to, the manufacturing of cables, springs, and fasteners. Izhstal's high-quality wires are also used in medical equipment and consumer goods, demonstrating the company’s capability to cater to both industrial and non-industrial sectors.
• Cold Drawn Strips: These are used in the production of precision tools, cutting instruments, and springs. Cold drawn strips are valued for their strength and elasticity, especially in applications operating at high temperatures and cutting speeds. Izhstal PAO tailors these products to meet the demanding specifications of the automotive, power, and machine-building industries, among others.