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
Renco to Buy Severstal’s Warren, Wheeling and Sparrows Point facilities
03 March 2011 - The Renco Group signed a definitive agreement to purchase Severstal North America operations at Warren, Ohio, Wheeling, W.Va., and Sparrows Point, Md.
Severstal Announces Expanded Investment Program for 2011
22 February 2011 - OAO Severstal announced a target US $2 billion capital investment program for the current financial year, representing an approximately 48% increase over the level for 2010.
Severstal Wins Patent Infringement Lawsuit
20 January 2011 - Severstal North America has achieved a favorable decision in the patent infringement lawsuit by ArcelorMittal France and ArcelorMittal Atlantique et Lorraine regarding technologies used in the production of aluminum-coated, boron-bearing carbon steel for high-strength automotive applications.
Severstal Columbus Earns International Automotive Quality Recognition
14 January 2011 - SRI Quality System Registrar awards Severstal North America an ISO/TS 16949:2009 and an ISO 9001:2008 management system certificate for the manufacture and supply of steel coils.
Severstal Reports Q3 2010, Nine-Month Results
17 November 2010 - OAO Severstal announced its financial results for the third quarter and nine months of 2010, including a Q3 net profit of $368 million and the restoration of a dividend payment.
Severstal Extends Idling of Sparrows Point Mill Operations
10 November 2010 - Severstal North America is extending the idling of its primary and hot mill operations at the company’s Sparrows Point Mill through the first quarter of 2011. Sparrows Point will continue to provide product to a limited number of its cold-roll and coated-products customers.
Severstal NA to Increase Flat Rolled Prices
10 November 2010 - Severstal NA announced plans to increase prices immediately by a minimum of $40 per ton for all hot rolled, cold rolled, and galvanized products. The company also is planning to revise pricing for all new orders promised for January 1, 2011 and later.
Severstal Sparrows Point Reduces Locomotive Emissions
15 October 2010 - Severstal Sparrows Point has completed a clean diesel project that will improve air quality by reducing idling emissions and by helping to increase the energy efficiency of the Sparrows Point switch locomotives.
Severstal Sparrows Point Initiates Renewable Energy Program
06 October 2010 - Severstal North America recently initiated a renewable energy program at its Sparrows Point facility in partnership with Renewable Energy Management of Baltimore, who will construct and operate a renewable energy facility that will produce renewable liquid fuel.
Severstal Columbus Adds Campus Partners to Expand Services
06 August 2010 - Severstal Columbus LLC welcomes two new downstream campus partners to its Lowndes County facility. Mississippi Steel Processing and New Process Steel are constructing facilities that will each begin operation late in the first quarter of 2011.
Severstal Idles Hot-end Facilities at Sparrows Point
29 July 2010 - Severstal idles the blast furnace and steelmaking facilities at its Sparrows Point plant in response to weakened market demand. The shut-down took effect July 25.
Harsco to Provide Services at Severstal Warren, former Geneva Steel
02 June 2010 - Harsco Corp.’s Metals business has secured two new orders totaling close to $40 million for slag processing and onsite environmental services to the U.S. steelmaking sector.
Severstal NA to Sell Select Northern Steel Group Assets
30 April 2010 - Severstal North America enters into definitive agreement to sell some of the assets operated under Northern Steel Group, including Miami Valley Steel Service; Premier Resource Group; Electric Coating Technology; and U.S. Metals and Supply.
Tenova Core Resumes Work on Severstal Materials Handling System
30 April 2010 - Tenova Core has been contracted to design and supply a melt shop material handling system as part of the Severstal North America Phase II project at its Columbus, Miss., facility.
Modernization Programs to Resume at Severstal Dearborn, Columbus
01 March 2010 - Severstal North America will resume modernization programs at its Severstal Dearborn, Mich., and Severstal Columbus, Miss., facilities. The projects were put on hold after steel demand and pricing fell in the fourth quarter of 2008.
Severstal Columbus Closes Senior Secured Note Offering
22 February 2010 - Severstal Columbus LLC, a subsidiary of OAO Severstal, has issued a US$525 million aggregate principal amount of eight-year callable senior secured notes at an original issue discount of 2% and an annual coupon rate of 10.25%.
Severstal North America to Restart Facilities
26 January 2010 - As part of its North American 2010 operating plan, OAO Severstal plans to restart certain facilities that had been previously idled. Severstal Warren is scheduled to return to service its blast furnace, steelmaking, and hot strip mill facilities late in the first quarter of 2010.
Severstal to Restart Martins Ferry Coating Line
18 January 2010 - Severstal NA recently announced that the Martins Ferry, Ohio, coating line of Severstal Wheeling will return to operation on January 25. The number of recalled employees will vary from week to week based on order entry levels.
Severstal Launches Campaign for Unified Approach to Marketplace
14 December 2009 - Severstal North America has launched a new initiative, ONE Severstal, designed to promote a unified approach by all of its U.S. facilities to the marketplace. The campaign reflects the company’s recently completed North American commercial reorientation.
Severstal NA to Restart Yorkville Cold Mill
20 November 2009 - OAO Severstal announces the resumption of operations for Severstal Wheeling’s Yorkville, Ohio, cold rolling mill in response to increasing demand for cold rolled and coated products.