Severstal' PAO (CHMF.MM)
22 Nov 2017
MOSCOW, Nov 9 Severstal, one of Russia's largest steelmakers, said on Thursday that its controlling shareholder, Alexei Mordashov, has sold a 2.1 percent in the company via accelerated book building.
MOSCOW, Nov 8 Alexei Mordashov, the majority owner of Severstal is planning to sell a 2.1 percent stake in the Russian steel firm, Goldman Sachs said on Wednesday.
MOSCOW, Oct 18 Severstal, one of Russia's largest steelmakers, said on Wednesday its core earnings rose 5.5 percent year-on-year in the third quarter on the back of higher sales, but slightly missed analysts' expectations.
* Severstal to report Q3 financials on Oct 18 MOSCOW, Oct 17 Severstal, Russia's fourth-largest steel producer, is expected to post third-quarter core earnings of $633 million on Wednesday, a Reuters poll of six analysts showed. The firm posted earnings before interest, taxation, depreciation and amortisation (EBITDA) of $584 million in the same period last year. Controlled by billionaire Alexei Mordashov, Severstal has said its third-quarter steel product sales rose
MOSCOW, Oct 16 Russia's biggest steelmaker, NLMK , reported on Monday an 8 percent increase in third-quarter output from a year earlier to 4.4 million tonnes due to higher demand in the Russian market and growth in global steel prices.
BRUSSELS The European Union has decided to set duties on hot-rolled steel from Brazil, Iran, Russia and Ukraine after a complaint by EU manufacturers that the product used for construction and machinery was being sold at excessively low prices.
* EU steel body not happy with fixed price duties (Adds comment from Eurofer, Russian producers)
MOSCOW Severstal , one of Russia's largest steelmakers, told Reuters it expects to exceed its 2017 earnings target as it benefits from rising prices for its products.
* For other news from Reuters Russia Investment Summit, click on http://www.reuters.com/summit/Russia17
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