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Severstal launches USD200m bond offering
PAO Severstal has announced the launch of an offering of about USD200m principal amount of senior unsecured guaranteed convertible bonds due 2021.
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 ...
Rail freight news in brief
A memorandum of co-operation signed by Russian Railways, Gefco and PAO Severstal at the St Petersburg International Economic Forum on June 17 covers proposals for RZD to move metal products and raw materials for Severstal, with Gefco to optimise ...
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.
All set for new performance levels – Mill revamp in record time
PAO Severstal had awarded SMS group the order to revamp the four-stand tandem cold mill “1700” at the Cherepovets works in Northwest Russia.
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' OAO : Severstal will supply rolled steel for Nissan Almera model
The Cherepovets Steel Mill, one of the world's largest integrated steel mills (part of Severstal's Russian Steel Division), entered into another agreement to supply rolled steel for the production of Nissan Almera model.
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.
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.
MP criticises 'inadequate' pension probe settlement
Earlier this year, the regulator announced that an �8.5m settlement had been reached with two Russian firms - PAO Severstal and OAO Severstal-Metiz in connection with the Carrington Wire case. In April, the regulator's determinations panel ruled that a ...
TPR demands payment of �382000 from individual who bought Carrington Wire ...  The Actuary