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CHMF 630.85 -1.65 (-0.26%)
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NLMK Emerges as Russia's Largest Steelmaker as Rivals Cut Output
OAO Novolipetsk Steel (NLMK), controlled by billionaire Vladimir Lisin, became Russia's largest steelmaker by total output in 2014 after Evraz Plc (EVR)'s production in Europe and the U.S.
Severstal to Buy Back $600 Million of Bonds After Exiting U.S.
PAO Severstal plans to buy back as much as $600 million of dollar bonds after the steel company sold its U.S. mills and as debt prices sank on Russia's weak economy.
AK Steel profit declines, but beats forecasts
Average selling prices decreased 4.3% from a year earlier, mostly on the higher proportion of hot-rolled coil shipments in the overall sales mix stemming from its September acquisition of Dearborn Works from Severstal PAO (CHMF.MZ). Shipments soared ...
Severstal to Sell Pennsylvania Coal Unit for $60 Million
(CSO), based in Toronto, will pay $60 million in cash, assume $60 million of reclamation and water-treatment liabilities and give the Russian owner the balance of $20 million in collateral for other liabilities, Severstal said in a statement today ...
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Russia's Severstal Sells U.S. Plants for $2.3 Billion
Severstal's imminent departure from the U.S. comes amid heightened tensions between America and Russia over Ukraine, where pro-Russian separatists continue to control key cities.
Russia's Severstal sells US steel plants to AK steel, Steel Dynamics  Reuters UK
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Russia's Severstal Said to Have Offers for U.S. Plants
The interest in Severstal's American operations has emerged during the worst standoff between Russia and the U.S. and its European allies since the Cold War.
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Severstal Plans $1 Billion Dividend on U.S. Asset Sales
Severstal, which disclosed the dividend plan in a quarterly earnings report today, last week agreed to sell its U.S. steel mills for a combined $2.33 billion.
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Mordashov's Severstal Weighs Options for U.S. Steel Plants
Severstal is assessing offers for its plants in Dearborn, Michigan, and Columbus, Mississippi, people familiar with the matter said May 10, asking not to be identified because the deliberations are private.
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CSN Mulls Severstal Assets Bid After Failed Deal Attempts
Cia. Siderurgica Nacional SA (CSNA3), the third-largest Brazilian steelmaker, is in the race for assets from OAO Severstal in the U.S.
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ING to Ashmore See More Buybacks After Severstal: Russia Credit
Cash-rich companies, including oil producer OAO Lukoil, OAO Sberbank, Russia's biggest lender, and mobile operator OAO Mobile TeleSystems may follow Severstal's lead, Egor Fedorov, senior credit analyst at ING in Moscow, wrote in an e-mailed report ...
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