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Severstal to supply pipes for Power of Siberia project
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.
Moody's: Operating environment underpins ratings of Severstal and Gerdau
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 ...
Director banned for “disgraceful conspiracy”
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.
Pension scheme director disqualified over �26m loss  FT Adviser
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.
Severstal hot dip galvanising contract awarded to CMI
PAO Severstal Russia has chosen CMI as the supplier of its new high-performance hot-dip galvanizing line and colour coating line to be installed at its Cherepovets plant in Russia.
Severstal to build second ladle furnace at CherMK
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.
Severstal begins supplies of rolled steel for Hyundai Solaris front panels  Your Metal News (press release)
Carrington Wire: Did watchdog win its game of Russian roulette?
On the eve of the hearing, however, TPR accepted the offer of �8.5m from PAO Severstal and OAO Severstal-Metiz. PP understands the funds were paid in very quickly after the agreement was reached.
Severstal inks Renault-Nissan AvtoVAZ contract
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 ...
Settlement reached in Carrington Wire case
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.
Regulator rachets up compliance clampdown  FT Adviser
The week ahead...
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.