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OAO Severstal Reports 9-month Operational Results - Quick Facts
OAO Severstal (SVST.L) reported its operational results for the nine months of 2014. Crude steel production increased 3% to 8.41 million tonnes from 8.20 million tonnes, prior year.
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Russia's RTS Slides to 5-Year Low as Brent Slumps, Gazprom Falls
OAO Severstal added as much as 1.7 percent, closing up 0.6 percent after the company said third-quarter crude steel production rose 1 percent from the previous quarter.
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Severstal to Supply Pipe for Gazprom's Power of Siberia Pipeline
As the bidding war continues over the Power of Siberia pipeline to take natural gas from Russia to China, OAO Severstal has been tapped to supply the pipe.
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Towers Road, Toorak trophy home sale comes in at $18.55 million
The iron ore explorer has been backed by Glencore International Plc and has Russian steelmaker OAO Severstal as an investor.
Severstal Rises Most in 5 Months on $1.13 Billion Payout Plan
OAO Severstal (SVST), the Russian steelmaker controlled by billionaire Alexey Mordashov, rose the most in five months after announcing special dividend payments.
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Steel Dynamics Q3 Profit Up 59%, Results Beat View
In mid-September, Steel Dynamics completed its $1.625 billion acquisition of Severstal Columbus from OAO Severstal. The deal expands Steel Dynamics' annual steel shipping capacity to 11 million tons.
Russia Stocks Decline as Sanctions Concern Drags Down Sberbank
OAO Gazprom slipped 0.4 percent and OAO Sberbank, the nation's biggest lender, dropped 1.2 percent. OAO Severstal climbed 1 percent after JPMorgan Chase & Co. raised the stock to overweight. The ruble weakened 0.7 percent to 41.0470 per dollar.
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Evraz Drops as JPMorgan Recommends Sell on Slowing Demand
OAO Severstal, the Russian steelmaker controlled by billionaire Alexey Mordashov, increased 1 percent to 414.30 rubles, or $10.11, in Moscow yesterday and rose 0.2 percent to $10.10 in London.
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For Sale: Coal Mines for Investors Willing to Buck Trend
OAO Severstal got $60 million when it sold PBS Coals Ltd. in July, less than a tenth of what it paid for the Appalachia mining company six years ago.
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Steel Dynamics to acquire Severstal Columbus
Today, July 21st Monday; Steel Dynamics announced that it is in an agreement to buy all of Severstal Columbus LLC from OAO Severstal. Columbus is located in northeastern Mississippi and is one of the most advanced mini-mills in North America.