Severstal

Severstal attracts loan for 27.8 bln rubles from Sberbank

Severstal has entered into an agreement with Sberbank to open a revolving credit line to the amount of 27.8 billion rubles, Severstal reports.

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Goldman Sachs buys Severstal’s shares from Mordashov’s structure for 885.35 rubles a share

US bank Goldman Sachs has bought a 2.1% stake (or just over 18 million) of Severstal in the form of shares and global depositary receipts (1 GDR equals 1 share) from the company Pearlgreen Limited,

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Alexei Mordashov sells 2% of Severstal

The main shareholder of Severstal Alexei Mordashov is going to sell 2.1% of the company, which are worth $276 million on the market.

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Severstal increases supplies to Russian machine-building companies

In the first nine months of 2017, Severstal supplied about 414 thousand tons of rolled metal to Russian machine-building companies.

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In 2018, Severstal plans to increase its EBITDA by $350 mln

In 2018, Severstal plans to increase EBITDA by $350 million, the company's CEO Alexander Shevelev said during Severstal's presentation for Investor Day.

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Severstal announces sale of Dneprometiz

Severstal has announced completion of the transaction for the sale by its wholly owned subsidiary Cambay Services Ltd of 100% stake in Dealzone Holding Ltd, which owns 98.6% of the Ukrainian enterp

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Severstal manages to get through to Yakovlevsky mine

The dispute between the representatives of Severstal and the Belgorod Metal-Group LLC (a son of former Russian Prime Minister Viktor Chernomyrdin - Vitaly - is one of its beneficiaries) over manage

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Severstal gets accounts of Metal-Group managing Yakovlevsky mine arrested

The Office of the Federal Bailiff Service in the Belgorod region has arrested funds in the accounts of Metal-Group, which mines ore at the Yakovlevsky mine, the report of Severstal says.

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Severstal may pay dividends for Q3 in the amount of 35.61 rubles per share

The Severstal’s Board of Directors has recommended that shareholders pay dividends for the third quarter of 2017 in the amount of 35.61 rubles per share, the company reports.

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In Q3, Severstal’s net profit grew

In the third quarter of 2017, the Severstal's net profit increased to $297 million compared to the previous quarter, the company’s report on its financial results informs.

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