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Mississippi Gov. Haley Barbour said Monday that the steel company Severstal North America Inc. has repaid a $10 million loan to the state four years ahead of schedule.
Russia's largest steelmaker Severstal posted Monday a $290 million loss in the second quarter, a sharp fall from profits last year but better than the previous quarter, as the slump in global demand hit a bottom and showed some signs of picking up.
Russian-owned steelmaker Severstal International said Thursday it is idling mills West Virginia and Ohio because of the continuing slump in the steel industry.
Russian steelmaking giant OAO Severstal on Friday announced plans to buy Pennsylvania's PBS Coals for about $1.3 billion in cash.
Russian metals and mining company OAO Severstal announced Wednesday it has an agreement to buy West Virginia-based Esmark Inc. for $19.25 per share. Including the assumption of debt and loans, that puts the value of the deal at $1.25 billion.
Russian metals and mining company OAO Severstal says it has an agreement to buy West Virginia-based Esmark Inc. for $19.25 per share.
Russian steel company OAO Severstal said Friday it will buy Baltimore's Sparrows Point steel mill from ArcelorMittal for $810 million in cash.
Mittal, Arcelor agree dealTwo Indian television channels on Sunday reported that steel makers Mittal Steel and Arcelor had reached a merger agreement in principle and the new company would be called Arcelor Mittal.
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