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Steel Dynamics Reinforces To Grow As Markets Pick Up STLD X
... Wayne, Ind.-based steel maker and metal recycler on July 21 said it would buy Mississippi-based Severstal Columbus from OAO Severstal in a $1.63 billion deal. If the cash acquisition closes late this year as planned, Steel Dynamics (NASDAQ:STLD ...
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Morgan Stanley Sees Russian Bond Rout Propelling Buybacks
Steelmaker OAO Severstal and Far East Shipping Co., whose cash piles both amount to 1.1 times short-term debt obligations, are among companies with an �incentive to buy back bonds,� Morgan Stanley said in a report two days ago.
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Skadden, Weil Gotshal Handle Sale of Russian Steel US Subsidiaries
The deal represents OAO Severstal's exit from the U.S. market, which began in 2010 with the sale of factories in Illinois and Ohio, according to Bloomberg.
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NLMK Is Most Profitable Major Steelmaker After Cost Cuts
Russia's OAO Severstal (SVST), after last week posting a margin of 18.6 percent for the second quarter, had had the highest Ebitda margin among the top 25 before NLMK reported its own results.
NLMK said unaffected by Western sanctions  American Metal Market
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Corsa Announces Completion of Acquisition of PBS Coals
PBS, based in Somerset County, Pennsylvania, commenced production in 1963 and was acquired by OAO Severstal in 2008. Its current operations include 13 developed mines (3 active) and two preparation plants with access to both the CSX and Norfolk ...
Corsa completes buy of PBS Coals  American Metal Market
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Bouchard brings headquarters, hockey to Pittsburgh
You sold the company to Severstal OAO in 2008 for $775 million and were set to retire. Why did you decide to begin buying the company back?
Steel Dynamics (STLD) Grows as Markets Pick Up
The Fort Wayne, Ind.-based steel maker and metal recycler on July 21 said it would buy Mississippi-based Severstal Columbus from OAO Severstal in a $1.63 billion deal. If the cash acquisition closes late this year as planned, Steel Dynamics says, its ...
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CSN Seeks 3rd Try for U.S. Purchase With Gallatin Attempt
The interest follows a failed attempt earlier this year to buy OAO Severstal's assets in the U.S., he said. CSN also missed in bidding for ThyssenKrupp AG plants in Alabama and Rio de Janeiro last year.
CSN looking to acquire US-based Gallatin Steel  SteelOrbis (subscription)
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AK Steel sees no antitrust issues in mill buy
NEW YORK - AK Steel Corp. expects to win U.S. Justice Department approval for its proposed $700-million acquisition of OAO Severstal's integrated mill in Dearborn, Mich., because the deal would not give the company an overly large share of the ...
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Ebola Threatens Liberia's Progress Since End of Civil War
Johnson-Sirleaf, a former World Bank and Citigroup Inc. official, took office in 2005, helping to spur more than $16 billion in investment in mining and agriculture, including from OAO Severstal (SVST) and ArcelorMittal. She won the Nobel Peace Prize ...
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