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Severstal puts North American steel operations up for sale

Severstal's North American operations, comprised of two steel plants in Michigan and Mississippi, could fetch $1.5 billion or more, some of the people said, the paper reported in an article dated

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Severstal puts North American steel operations up for sale

May 12, 2014· Russian steelmaker Severstal has put its North American operations on the auction block, according to people familiar with the matter, The Wall Street Journal reported on its website.. Officials at Severstal were not immediately available for comment Sunday afternoon. Severstal's North American operations, comprised of two steel plants in Michigan and Mississippi, could fetch $1.5

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Severstal to Sell Its North American Units WSJ

Jul 21, 2014· MOSCOW—Russia's OAO Severstal said Monday it will sell its two U.S. steel mills to Steel Dynamics Inc. and AK Steel Corp. for a total of $2.325 billion in cash.

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Severstal North America sells steelmaking assets

Jul 23, 2014· Russia-based OAO Severstal has sold the two steel mills it operated in the United States through its subsidiary Severstal North America for a total of more than $2.3 billion. The steel company Steel Dynamics Inc. (SDI),headquartered in Fort Wayne, Indiana, has signed a definitive agreement to acquire 100 percent of Severstal Columbus LLC from

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Russia's Severstal Sells 3 U.S. Steel Mills WSJ

Mar 02, 2011· Russian steelmaker Severstal agreed to sell three of its five U.S.-based steel plants to Renco Group, unloading—at a loss—assets acquired in

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Severstal Dearborn steel plant to be sold Press and Guide

The buyers are American steel makers Ohio-based AK Steel Corporation, which will acquire the Dearborn plant, and Indiana-based Steel Dynamics, Inc., which will own Severstal’s Columbus plant.

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SEVERSTAL NORTH AMERICA HAS BEEN SOLD.

This announcement is a brief notice to the fact that on 16 September 2014 Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world's leading vertically integrated steel and steel-related mining companies, sold Columbus and Dearborn Facilities collectively known as Severstal North America, to Steel Dynamics, Inc. and AK Steel Corporation, respectively.

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Russia's Severstal sells U.S. steel plants to AK Steel

Jul 21, 2014· Built in 2007, Columbus is one of the newest mini-mills in North America, it said. The mill has a production capacity of 3.4 million tons, boosting Steel Dynamics’ annual steel shipping capacity

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Severstal Cherepovets Steel Mill

Cherepovets Steel Mill. Cherepovets Integrated Iron & Steel Mill, the major steel asset of the Division, was founded in 1955. The Iron & Steel Mill is an integrated steelworks of full production cycle integrating more than 100 major process units, from iron ores and coals processing to finishing operations where high-value products are produced.

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Russia's Severstal sells U.S. plants to AK Steel and Steel

Steel Dynamics Inc will buy Severstal's Columbus mini-mill for $1.62 billion in cash, and AK Steel will buy the Russian steelmaker's assets in Dearborn, Michigan for $700 million in cash. AK Steel

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Steel Dynamics To Acquire Severstal Columbus Acquisition

Jul 21, 2014· Located in northeast Mississippi, Columbus is one of the newest and most technologically advanced mini-mills in North America. Steel Dynamics will

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Russia’s Severstal Sells U.S. Plants for $2.3 Billion

Jul 21, 2014· Steel Dynamics’ $1.63 billion purchase of Severstal Columbus will be funded with a mix of cash and debt, the company said in a statement. Built in 2007, Columbus is one of the newest mini-mills

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Severstal Completes Sale of Columbus & Dearborn Steel

Severstal has announced the completion of the sale of its Dearborn and Columbus assets. A press release from Severstal follows: 16 September 2014 Further to the Company’s announcement on 21 July 2014, Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, announces that the Company has completed the sale of its

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Severstal's $700M Dearborn operations sale to AK Steel

Sep 16, 2014· Russian steelmaker OAO Severstal completed Tuesday the $700 million sale of its Dearborn operations to AK Steel Corp. as part of a deal to sell its entire U.S. operations for $2.325 billion.

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Essar Steel eyes Russias Severstal unit in US

Sep 28, 2010· US Steel Corp and Essar Steel are among five companies interested in the North American steel mills put up for sale by Severstal. When contacted, an Essar Steel spokesperson said, As a group, we

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UPDATE 3-Renco buys 3 Severstal U.S. mills in $1.2 bln

* Severstal bought the mills for about $2.7 bln-analyst * Renco’s RG Steel will have 7.5 mln T annual capacity * Severstal shares up 3.1 pct in Moscow (Adds Maryland governor’s comments, Renco

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UPDATE 2-Severstal buys U.S. Sparrows Point mill for $810

Mar 21, 2008· But its stock fell after pretax earnings missed forecasts, with EBITDA in North America declining to $21 million. Severstal’s total crude steel output last year was 17.5 million tonnes, in line

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