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Steel News: Severstal Steel

Severstal business headlines & news reports

Russian retailer Lenta faces investor backlash over sale
Tue, 09 Apr 2019 00:00:00 GMT
Severstal Press Release - Board urged to halt deal with Severgroup and consider higher rival bid from

PE group TPG in talks to sell stake in hypermarket chain Lenta
Wed, 27 Mar 2019 00:00:00 GMT
Severstal Press Release - Alexei Mordashovs Severgroup planning to acquire TPGs holding in

Russia: SMC-Kolpino produces 200 thousand tons of steel
Wed, 13 Mar 2019 10:54:13 GMT
Since its commission in 2008, SMC-Kolpino has produced and sold 200 thousand tons of steel products. The anniversary ton was shipped to a European manufacturer of wind plants. In H2 2018 the company received a number of export orders with the combined volume of 10 thousand tons. The shipping was successfully completed in March.

Severstal Distribution supplies boiler grade steel to Viessmann ...
Thu, 07 Feb 2019 00:00:00 GMT
In 2018 AO Severstal Distribution (member of the distribution network of Severstal Russian Steel division) delivered over 500 tons of hot rolled boiler grade steel to Viessmann Lipetsk. Such steel is intended for manufacture of low pressure gas-fired water boilers to be used for public utility services and industrial

Russia: Severstal BD recommends paying dividends for Q4 2018
Tue, 05 Feb 2019 10:49:07 GMT
The Severstal board of directors has recommended paying dividends for Q4 2018 in the amount of 32.08 rubles per share. The decision to pay dividends is expected to be taken at the shareholders meeting on June 7. The day recommended for the creation of the list of shareholders to receive dividends is June 18.

Severstal suffers sharp slowdown in profit growth
Tue, 05 Feb 2019 00:00:00 GMT
Severstal Press Release - Russias largest steel supplier to EU hit by lower prices for grey

Russia: CherMK sets new converter steel output record
Wed, 23 Jan 2019 10:38:53 GMT
In 2018 Cherepovets Iron and Steel Works produced 9.9 million tons of converter steel. This year output is expected to further grow due to the modernization of the converter No. 3 in November 2018. In 2019 two more converters will be modernized. (Ukrainian

Number of news reports: 7

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