Severstal Distribution saves EBITDA at the level of last year

In the first quarter of 2016, the group of companies Severstal Distribution (distribution network of the division Severstal Russian Steel) received EBITDA in the amount of $8 million. Despite the decline in the prices for steel products, in the reporting period, the distribution network maintained EBITDA at the level of the first quarter of 2015.

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