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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 ...
Severstal Turns To Profit In FY15, Revenues Down - Quick Facts
(RTTNews.com) - Russian steel company PAO Severstal (SVST.L) reported Wednesday that its fiscal 2015 net profit was $562 million, compared to last year's net loss of $795 million.
Severstal reports Q4 & FY 2015 financial results  Your Mining News (press release)
Severstal announces 2016 capital investment program
Planned investment across the Severstal Russian Steel division in 2016 is approximately RUR 25.6 billion. RUR 15.2 billion of this will be invested in development projects including the construction of a new coating line and ladle furnace #2, and ...
Severstal: Vorkutaugol reports 2015 operational results
AO Vorkutaugol, one of the largest coal mining companies in Russia and part of PAO Severstal, one of the world's leading steel and steel-related mining companies, reported its operational results for 2015.
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 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 has begun work on upgrading the four-stand cold rolling mill at ...
Sergey Toropov, CEO of Severstal's Russian Steel division, said: “The estimated cost of the project is around 3 billion rubles.
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 ...
Severstal reports Q4 2015 and FY 2015 operational results
Against this backdrop Severstal continues to demonstrate resilience thanks to a focus on cost efficiencies throughout the business, HVA products, improving customer care, and the geographical advantage of its assets for shifting sales between domestic ...