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CHMF 525.00 +24.00 (4.79%)
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OAO Severstal shifts into higher gear at Putu
Snyder to recognize Rouge Steel plant investment
Severstal has 1,400 employees in Dearborn and 800 more at a plant in Mississippi. About 80% of its local output goes to the auto industry.
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TEXT-S&P summary: Severstal Columbus LLC
We believe that Severstal Columbus is strategically important for OAO Severstal. The parent has financed construction and expansion of Severstal Columbus with subordinated debt and equity. Still, Severstal Columbus is a relatively small subsidiary ...
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Sept-Iles confident it will win iron ore plant
Also, he said Russian steelmaking giant OAO Severstal plans to get its coal from Nova Scotia, even if the plant goes to Quebec.
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Severstal North America, a subsidiary of Russian-based OAO Severstal, a ...
Severstal North America, a subsidiary of Russian-based OAO Severstal, a vertically-integrated steel and steel-related mining producer, held the grand opening of its $1.4 billion renovated steel making facility at the former Rouge Steel plant in ...
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Severstal to Buy Back 20% of Shares Offered by Shareholders
OAO Severstal (CHMF), Russia's second- largest steelmaker, will purchase about 20 percent of the equities offered by shareholders in a buyback announced in February following the spinoff of its Nordgold NV unit.
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Firm would put $800m into plant
Severstal North America referred questions about the project to Moscow on Wednesday. Representatives of Russian steel and industrial conglomerate OAO Severstal could not be reached for comment. The company has been eyeing Sydney and Sept-Iles, ...
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Severstal celebrates new steel facility
�From the day we first acquired the Rouge assets eight years ago, we had a long-term vision for this plant,� said Alexey Mordashov, CEO of OAO Severstal, the Russian parent company of Severstal North America. �Being located here in the heart of the ...
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ArcelorMittal CEO mulls more steel capacity cuts in Europe
It announced plans to sell the three plants it bought from Russian steelmaker Severstal (SALZI.RTS) for $1.2 billion just a year ago.
ThyssenKrupp, RG Steel may struggle to sell mills  Reuters
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Metalloinvest to Spend $850 Million to Build Hot-Briquette Plant
Steel producers in Russia including OAO Severstal and OAO Novolipetsk Steel are building mini-mills that use scrap as a primary raw material.
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