CIS Steel Industry News

Severstal recalls workers to Yorkville plant (WFMJ Youngstown)
Thu 19 Nov 2009 10:28pm
Russian Steelmaker Severstal is calling workers back to an Ohio plant, but not the one in Warren. Severstal Wheeling Inc. says its cold rolling mill in Yorkville, Ohio, is resuming o......


(AFX UK Focus) 2009-11-19 08:04 UPDATE 1-Russia's Severstal beats forecasts with Q...
Thu 19 Nov 2009 8:27am
MOSCOW, Nov 19 (Reuters) - Severstal, Russia's largest steelmaker, posted a surprise third-quarter net profit thanks to a strong performance at its domestic mills and said it was opt......


Novolipetsk, Evraz Upgraded at Deutsche Bank on Demand Outlook (Bloomberg)
Tue 17 Nov 2009 7:12am
Nov. 17 (Bloomberg) -- OAO Novolipetsk Steel and Evraz Group SA, Russian steelmakers, were upgraded to buy from hold at Deutsche Bank AG, which cited a stronger outlook for dom......


Mechel OAO Placed Stock Bonds of BO-01 Series at a Sum of 5 Billion Roubles (Globe...
Mon 16 Nov 2009 4:15pm
MOSCOW -- Mechel OAO , one of the leading Russian mining and metals companies, announces placing of its stock bonds....


Evraz Group Nine-Month Sales Slump 58%; Debt Cut (Update1) (Bloomberg)
Mon 16 Nov 2009 9:26am
Nov. 16 (Bloomberg) -- Evraz Group SA , Russias second- largest steelmaker, said nine-month sales slumped 58 percent as shipments and prices of its steel products declined....


(AFX UK Focus) 2009-11-09 14:54 UPDATE 1-Russia's Mechel returns to profit in Q2 (...
Mon 9 Nov 2009 3:14pm
MOSCOW, Nov 9 (Reuters) - Mechel, Russia's largest coking coal miner, reversed two successive quarterly losses by posting a $219 million net profit in the three months to June as ste......


Mechel Reports 2009 First Half Financial Results (GlobeNewswire via Yahoo! Finance)
Mon 9 Nov 2009 2:04pm
MOSCOW -- Mechel OAO , a leading Russian integrated mining and steel group, today announced financial results for the first half ended June 30, 2009....


Russian Stocks Fall, Led by Commodity Producers, Steelmakers (Bloomberg)
Mon 26 Oct 2009 4:42pm
Nov. 12 (Bloomberg) -- Russian stocks fell a second day, led by commodity producers, as oil and metals prices declined. OAO Severstal, the countrys largest steelmaker by output, and......