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Severstal Completes Sale of Steelmaking Assets

2014-10-02 01:06:32| Steel - Topix.net

Severstal has completed the sale of its Columbus and Dearborn facilities to Steel Dynamics and AK Steel. The move marks the exit of Russia's Severstal from North American steel production.

Tags: sale assets completes steelmaking

AK completes deal for Severstal Dearborn

2014-09-29 12:22:51| Steel - Topix.net

AK Steel , West Chester, Ohio, has completed the acquisition of Severstal North America's integrated steelmaking assets in Dearborn, Michigan. The deal includes a cokemaking facility and interests in three joint ventures that process flat-rolled steel products.

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Severstal completes sale of 2 US plants

2014-09-17 22:56:50| Steel - Topix.net

Russian steel company Severstal has completed its sale of a pair of steel plants to AK Steel and Steel Dynamics. In a statement Tuesday, Severstal CEO Alexey Mordashov confirmed the sale of Severstal Columbus in northeast Mississippi to Steel Dynamics and Severstal Dearborn in Michigan to AK Steel Corp. Steel Dynamics of Fort Wayne, Indiana, is paying $1.625 billion for the Columbus plant, using $350 million in cash and borrowing the rest.

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Miss. fines Severstal $135K on emission sensors

2014-07-29 23:24:53| Waste Management - Topix.net

Chris Wells, a lawyer for the state Department of Environmental Quality, says Severstal agreed to install a continuous emissions monitoring system when it made a $550 million plant expansion, adding a second steel-melting furnace.

Tags: miss fines emission sensors