Company News - Severstal Steel [more headlines]


Richest Ukrainian Makes $3 Billion on State ...
Thu, 03 May 2012 04:27:00 +0100
Metinvest is valued using the average enterprise value-to- Ebitda multiple of ArcelorMittal (MT), Evraz Plc (EVR), Eregli Demir VE Celik Fabrik, OAO Novolipetsk Steel (NLMK) and OAO Severstal. Akhmetov's other investments total more than $2 billion.


OAO Severstal - Q1 2012 Operational results
Fri, 27 Apr 2012 08:03:00 +0100
Severstal reports Q1 2012 operational results Moscow, Russia - April 27, 2012 - OAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world's leading vertically integrated steel and mining companies, ...


OAO Severstal - Q1 2012 Operational results
Fri, 27 Apr 2012 08:03:00 +0100
Severstal reports Q1 2012 operational results Moscow, Russia - April 27, 2012 - OAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world's leading vertically integrated steel and mining companies, ...


Severstal 1Q Steel Output Up 6% - Fox Business
Fri, 27 Apr 2012 01:51:00 +0100
RS) said Friday its first-quarter total crude steel output was up by 6% on year.


Severstal talks to Mittal Steel for acquiring ...
Thu, 26 Apr 2012 23:52:33 +0100
Russian billionaire Alexei Mordashov's steel company Severstal, which lost out in a battle with Mittal Steel for the control of the world's second largest steel maker, Arcelor SA, in June this year is now negotiating with Mittal Steel to buy its US company Weirton Steel Corp.


Severstal Russian Steel result for Q4 - SteelGuru
Mon, 23 Apr 2012 05:17:30 +0100
Severstal Russian Steel Q4 revenue was down 21.7%QoQ to USD 2,341 million on lower sales volumes and prices. Decrease in volumes was expected and driven by lower demand in Q4, exceptionally strong demand in Q3, sale of inventories in Q3 and some inventory ...


Severstal beats profit estimates and expects ...
Sat, 21 Apr 2012 01:24:00 +0100
Bloomberg quoted Mr Alexey Mordashov OAO Severstal, Russian billionaire steelmaker said fourth quarter profit rose almost 8% from the prior three months beating analysts estimates and forecast firm steel prices until the summer.


Severstal Posts $2Bln Profit for 2011
Thu, 19 Apr 2012 17:25:54 +0100
Steel giant Severstal posted a net profit of $2.04 billion in 2011, having swung from a loss of $575 million a year earlier, after it sold loss-making plants in the United States and demand for steel in its key markets remained strong, according to a financial statement released Thursday.


Severstal outshines with Q4 net profit
Thu, 19 Apr 2012 16:32:37 +0100
* Q4 net profit $463 mln, beats poll forecast $391 mln * Q4 EBITDA $767 mln, poll forecast $749 mln * Q4 revenue $3.73 bln, poll forecast $3.77 bln * Shares up 5.5 percent in Moscow (Recasts lead, adds ...


Russia's Severstal surges to $2.03 bil net income ...
Thu, 19 Apr 2012 12:31:45 +0100
In the fourth quarter, revenue fell 17.5% on the quarter to $3.7 billion due to lower sales prices and volumes owing to worsening global economic environment. For the whole year, sales from the group's Russia and US-based steel mills along with its iron ...


OAO Severstal - Q4 and FY 2011 financial results
Thu, 19 Apr 2012 07:19:38 +0100
Severstal reports Q4 and FY 2011 financial results Moscow, Russia - April 19, 2012 - OAO Severstal (LSE: SVST), one of the world's leading vertically integrated steel and mining companies, today announces ...


Severstal Beats Profit Estimates, Expects 'Firm' ...
Thu, 19 Apr 2012 04:39:00 +0100
OAO Severstal, Russian billionaire Alexey Mordashov's steelmaker, said fourth-quarter profit rose almost 8 percent from the prior three months, beating analysts' estimates, and forecast firm steel prices until the summer. Net income climbed to $463 ...