Severstal North America
Severstal divested its North American assets in 2014. The Dearborn, Mich., mill and other assets were sold to AK Steel, and the Columbus, Miss., mill was sold to Steel Dynamics Inc.
Latest News
Severstal NA Hot Commissions New Hot Dip Galvanizing Line
16 January 2012 - Severstal North America’s new Hot Dip Galvanizing Line (HDGL) in Dearborn, Mich., has begun production of galvanized products. The new HDGL includes state-of-the-art controls for coating thickness and surface texture, as well as alloy and phase control.
Severstal NA to Explore Feasibility of DRI Facility in Trinidad and Tobago
12 January 2012 - Severstal North America has entered into a Memorandum of Understanding with the National Gas Co. of Trinidad and Tobago Ltd., National Energy Corp. Ltd., Complejo Metalurgico Dominicano S.A., and Neal & Massy Holdings Ltd. to conduct a feasibility study for construction of a direct reduced iron (DRI) facility in Trinidad and Tobago.
SMS Siemag Commissions 2nd Production Line at Severstal Columbus
22 December 2011 - SMS Siemag has commissioned a second production line with an electric steel plant, second CSP® casting strand, and a push-pull pickling line at Severstal Columbus.
Severstal Columbus Launches New Push-Pull Pickle Line
06 December 2011 - Severstal North America’s new Push Pull Pickle Line is up and running at its site in Columbus, Miss. The new line is capable of pickling 0.059- to 0.500-inch by 36- to 74-inch product.
Severstal Columbus Unveils $550 Million Phase II Facility Expansion
18 November 2011 - everstal North America celebrated the Grand Opening of its $550-million Phase II expansion in Columbus, Miss. The expansion included installation of a second EAF, caster, tunnel furnace, hot-dip galvanizing line, and push-pull pickle line.
Severstal North America Reports Favorable Ruling in Jefferson Court Case
16 September 2011 - Severstal has provided an update regarding the lawsuit between Severstal Columbus, LLC and Jefferson Iron and Metal Brokerage, Inc. regarding interpretation of their scrap procurement contract.
Severstal North America Successful on Two Patent Cases
30 August 2011 - The jury award won by Severstal North America in its defense of ArcelorMittal’s patent infringement assertions has been upheld by the trial judge. Severstal says it also continues to achieve favorable decisions in a patent reexamination proceeding regarding a patent owned by ArcelorMittal regarding the production of aluminum-coated, boron-bearing carbon steel.
OAO Severstal Reports Second Quarter Results
29 August 2011 - OAO Severstal announced net profit of $602 million on revenue of $4,383 million for the second quarter, and net profit of $1,122 million on revenue of $8,110 million for the six months ended June 30, 2011.
Severstal NA Starts up New Cold Mill Complex at Dearborn
19 August 2011 - Severstal North America has successfully launched a new five-stand, six-high, 72-in-wide coupled pickle line tandem cold mill at its plant in Dearborn, Mich. The new facility is expected to ramp up to full capacity of 2.1 million net tons within six months.
Severstal Columbus Signs $350 Million Revolving Credit Facility
29 July 2011 - Severstal Columbus has signed a $350 million syndicated revolving credit facility, proceeds of which will be used, among other things, to refinance an existing $150-million revolving credit facility.
Severstal North America to Receive $730 Million Loan from DOE
14 July 2011 - Severstal North America has received a conditional commitment for a $730 million loan from the U.S. Department of Energy.
Severstal North America Honored for Steel Excellence
27 June 2011 - Severstal North America was named this year’s winner for Best Brownfield Technology in American Metal Market's 2011 Awards for Steel Excellence for the company’s efforts to remediate a steelworks site in Dearborn.
Severstal NA Appoints Vice President, Strategy and Business Development
22 June 2011 - Severstal North America announced this week the appointment of Saikat Dey as Vice President, Strategy and Business Development.
Severstal NA Hot Commissions Second EAF at Columbus
03 June 2011 - Severstal North America marked another chapter at its Columbus plant this week with production of the first tons on its second primary strand.
Severstal Columbus Receives Best Practices Award
19 May 2011 - East Mississippi Community College has presented Severstal Columbus with a second Best Practices Award. The award recognizes organizations that provide outstanding examples of workforce training, quality management and business practices.
Severstal North America Granted Favorable Patent Decision
12 May 2011 - Severstal North America has achieved a favorable decision in a patent reexamination proceeding regarding United States Patent 6564,604, owned by ArcelorMittal.
Severstal Columbus Resumes Operations
09 May 2011 - OAO Severstal’s Columbus plant in Mississippi has resumed its steelmaking and rolling operations.
Interruption of Operations at Severstal Columbus
04 May 2011 - Electrical power was interrupted at the OAO Severstal’s Columbus plant in Mississippi as a result of a severe storm earlier this week.
Essar Steel Algoma Names Hrusovsky as Chief Executive Officer
03 May 2011 - Essar Steel Algoma’s Board of Directors announces the pending appointment of James Hrusovsky, former CEO of Severstal Columbus, as the company’s new Chief Executive Officer.
Severstal NA Completes Asset Sale, Accelerates Capital Improvements
01 April 2011 - Severstal North America has successfully completed the sale of its Warren, Wheeling, and Sparrows Point, assets to the Renco Group, and has also stepped up completion dates for some of its planned capital improvements at Dearborn and Columbus.
