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CHMF 495.35 +5.15 (1.05%)
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PAO Severstal agreement for sale of Dneprometiz
Severstal has acquired 60% shares of Dneprometiz in 2006 and further increased its stake to 98,6%. Currently this stake is fully for sale.
OAO Severstal is now PAO Severstal
OAO Severstal, one of the world's leading vertically integrated steel and steel related mining companies, has changed its name to PAO Severstal. The Company has changed its name to comply with the Russian corporate law requirements. The relevant ...
Severstal named most transparent company  Your Metal News (press release)
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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.
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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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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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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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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.
Brazil's CSN says looking to bid for OAO Severstal US assets  Reuters
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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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Severstal CEO Says Growing Use of Aluminum in Cars Concerns Him
OAO Severstal (CHMF) billionaire Chief Executive Officer Alexey Mordashov said the growing use of aluminum in cars is a concern for steelmakers, as the industry grapples with excess capacity.
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