Severstal denies that supply of ore to the Donetsk and Lugansk People’s Republics was discussed at the Government meetingEdited by Rhod Mackenzie / 2017-03-15 01:42:11
Severstal has denied the discussion of the iron ore supply to the Donetsk and Lugansk People’s Republics at the meeting in the Government.
Metalloinvest and Severstal plan ore supplies into DPR and LPR.
Severstal plans to invest 22 bln roubles into the development of the Cherepovets metallurgical plant and other assets of the division Severstal Russia Steel in 2017.
Severstal group has published its financial report under IAS for 2016.
The XXI Coordination Council of the ChTPZ Group and Severstal has taken place in Chelyabinsk.
In January, Cherepovets metallurgical plant of Severstal significantly increased delivery of metal by railEdited by Rhod Mackenzie / 2017-02-22 04:04:24
In January this year, according to the railway statistics, direct delivery of ferrous scrap metal to the Cherepovets metallurgical plant of Severstal made up 54.4 thousand tons.
On results of the auction, Izhora pipe plant (division of Severstal Russian Steel) will supply about 100 thousand tons of large diameter pipes to Gazprom for the project of Power of Siberia.
Foreign investors have bought more than 90% of eurobonds of Severstal to the amount of $500 million, the share of Russian investors made up 9% of the bought securities, the company informs.
Severstal issues euro bonds with the settlement in August 2021 for $500 at 3.85%.
he demand has exceeded $2.3 bln.
Severstal plans placement of convertible eurobonds, maturing in 2022, to the amount of up to $250 million.