PAO Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, has won a tender to supply about 160 000 t of large diameter pipes for Gazprom's major gas transmission project Power of Siberia.
Moodys.com (press release) (subscription) - Nov 19, 2015
London, 19 November 2015 -- Russian integrated steelmaking and mining company PAO Severstal's (Ba1 negative) significantly lower leverage and much higher profitability give it a stronger financial profile than its Brazilian investment-grade peer Gerdau ...
A former director of a historic Yorkshire wire maker has been disqualified for 12 years for his part in what the Insolvency Service described as a "disgraceful conspiracy" which enabled a �26m pension fraud.
PAO Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, has begun construction of a second ladle furnace at the company's flagship Cherepovets Steel Mill.
Since the beginning of 2015, Severstal has been delivering rolled steel to Volkswagen Group Rus in a one-year contract. Metal blanks are produced at Severstal-Gonvarri-Kaluga - a joint venture between Severstal and Spanish company Gonvarri - while ...
This included two businesses based in Russia - PAO Severstal and OAO Severstal-Metiz. Following representations made by various parties, including the Russian companies, the matter was passed to the regulator's determinations panel.
January's consumer and producer price indices will be released on Tuesday. After falling to 0.5% in December, Investec expects CPI to slip back to +0.3% in January after modest downward pressures in areas such as food.