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Severstal Commences Shipments for the Power of Siberia Gas Project

29 Aug 2014 - OAO Severstal has commenced shipments of large diameter pipes for the Power of Siberia gas transmission system project. The pipes are manufactured at the Izhora Pipe Mill, which is part of Severstal’s Russian Steel Division.

Severstal Commissions New Long Product Mini-Mill in the Saratov Region

01 Aug 2014 - On 28 July 2014, OAO Severstal held the official presentation of the Balakovo Long Product Mill project in the Saratov Region of Russia.

Severstal Agrees to Sell U.S. Facilities for US$2.325 Billion

21 Jul 2014 - OAO Severstal has entered into separate definitive transaction agreements to sell its Severstal Columbus LLC and Severstal Dearborn LLC subsidiaries, collectively known as Severstal North America, to Steel Dynamics Inc. and AK Steel Corporation, respectively, for a total cash consideration of US$2.325 billion.

AK Steel To Acquire Severstal Dearborn

21 Jul 2014 - AK Steel has signed an agreement to acquire Severstal North America's integrated steelmaking assets located in Dearborn, Michigan for US$700 million in cash.

Steel Dynamics Inc. To Acquire Severstal Columbus

21 Jul 2014 - Steel Dynamics Inc. has entered into a definitive agreement to acquire 100% of Severstal Columbus LLC (Columbus) from OAO Severstal.

Severstal and McKinsey to Evaluate Production Efficiency of BOF Cherepovets Mill

18 Jul 2014 - The Cherepovets Steel Mill (CherMK), part of the Russian Steel division of OAO Severstal, announced the launch of a project in conjunction with McKinsey, a global consultancy, to improve efficiency of basic oxygen steel production.

Severstal Agrees to Sell PBS Coals

18 Jul 2014 - OAO Severstal’s wholly-owned subsidiary 7027940 Canada Limited has entered into a definitive agreement with Corsa Coal Corp., a Canadian public company, for the sale of PBS Coals Inc., a metallurgical coal producer located in Pennsylvania, USA.


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