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PAO Severstal outlines 2017 investment programme
About 26bn roubles would be invested into the Severstal Russian Steel division in 2017, with 12.1bn roubles of this invested in development projects including the construction of a new coating line and ladle furnace number 2 at the Cherepovets Steel Mill.
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 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.
Greg Wright: Workers' pensions ordeal reveals watchdog lacks bite
Shortly after the firm closed, Craig Whittaker, the Conservative MP for Calder Valley, wrote to the Pensions Regulator, asking it to investigate the position of the Carrington Wire pension scheme, after what remained of the business was sold out of the ...
Agreement for sale of Redaelli Tecna
PAO Severstal (the “Company”) one of the world's leading vertically integrated steel and steel-related mining companies, announces that its subsidiary, JSC Severstal - Metiz, Severstal's international metal ware manufacturer, has entered into a ...
RUSSIA: Severstal inks Renault-Nissan AvtoVAZ contract
Severstal has signed a four-month contract to deliver rolled steel to Renault-Nissan from its Cherepovets Mill (CherMK). The steel will be used in car production at the Moscow and Togliatti plants of the Renault-Nissan and AvtoVAZ Alliance.
Vladimir Putin Starts His Own Ratings Firm
Vladimir Putin's homegrown credit-ratings firm is up and running and foreign competitors are already feeling the heat. In the past three weeks, Moody's Investors Service Inc. and Fitch Ratings Ltd.
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.
Moody's confirms ratings of 3 Russian steel and mining companies; upgrades MMK ...
London, 26 April 2016 -- Moody's Investors Service has today confirmed the Ba1 corporate family ratings (CFRs) and Ba1-PD probability of default ratings (PDRs) of three Russian steel/mining companies: NLMK, PAO Severstal and MMC Norilsk Nickel, PJSC ...
Notice of Results
P?? Severstal is one of the world's leading vertically integrated steel and steel related mining companies, with assets in Russia, Ukraine, Latvia, Poland, Italy and Liberia.