How Machine Learning Will Help This Russian Steel Giant Prevent Energy Fraud and Stay No. 1 in Profitability

Steel and mining giant Severstal may rank fourth among fellow Russian steel producers but it is the most profitable company in the industry globally. Last year, the Cherepovets-based company reported $2.5 billion earnings before interest, taxes, depreciation, and amortization (EBITDA) and almost $8 billion in revenue for 2017.

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