Inform

Severstal completes exit from North America with sale of steel assets

This report is currently unavailable

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image

Report summary

Russian steelmaker Severstal announced 21 July 2014 that it will sell its North American steel operations to AK Steel and Steel Dynamics in separate deals totalling US$2.33 billion. AK Steel will pay US$700 million in cash for Severstal’s Dearborn steel plant and its associated cokemaking and rolling JV operations; while Steel Dynamics will acquire the company’s Columbus, Mississippi EAF operation for US$1.63 billion in cash and debt.

What's included

This report contains

  • Document

    Severstal completes exit from North America with sale of steel assets

    PDF 964.24 KB

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

You may be interested in

    
            
            
            
            
            
            
            
            
    

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898