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Latest SeverStal Stories

2011-06-20 07:43:00

DEARBORN, Mich., June 20, 2011 /PRNewswire/ -- Severstal North America, one of the top steelmakers in the United States, is pleased to announce the appointment of Saikat Dey as Vice President, Strategy and Business Development. As a key member of SNA's management team, Mr. Dey will be responsible for driving the company's business strategies in North America and leading the parent company's joint venture initiative in India. Mr. Dey joins SNA from McKinsey and Company where he served as...

2011-05-11 07:51:00

DEARBORN, Mich., May 11, 2011 /PRNewswire/ -- Severstal North America announced today that it has achieved a favorable decision in a patent reexamination proceeding before the United States Patent and Trademark Office (USPTO) brought by Severstal regarding United States Patent 6564,604, owned by ArcelorMittal. The patent concerns some of the technology used in the production of aluminum-coated, boron-bearing carbon steel, the end use for which is predominantly in high-strength automotive...

2011-05-05 14:59:00

PITTSBURGH, May 5, 2011 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) today said that its members have ratified their new contract with RG Steel, which purchased USW represented facilities in a stock transaction last month from Severstal North America. (Logo: http://photos.prnewswire.com/prnh/20080131/DC12982LOGO) Roughly 57 percent of the hourly production, maintenance, office and clerical employees of the former Wheeling Pittsburgh Steel facilities in the Ohio Valley; the...

2011-05-02 15:00:00

SAULT STE. MARIE, ON, May 2 /PRNewswire/ - The Board of Directors of Essar Steel Algoma Inc. is pleased to announce the pending appointment of James Hrusovsky as Chief Executive Officer of the Company.  The appointment and effective date are subject to pending regulatory approval. Mr. Hrusovsky, 54, has held a number of senior executive positions in the steel industry, most recently as Chief Executive Officer, Severstal Columbus. Mr. Malay Mukherjee, CEO Essar Steel Business...

2011-03-11 14:40:00

CLEVELAND, March 11, 2011 /PRNewswire/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that it has completed the acquisition of OOO Severstal-metiz: welding consumables, a leading manufacturer of welding consumables in Russia and a subsidiary of OAO Severstal, a world leading, vertically integrated steel and mining company. As part of the transaction, Lincoln acquires manufacturing operations and exclusive distribution rights of the Severstal brand of welding consumables....

2011-03-02 10:07:00

In the news release, Severstal North America Sells Warren, Wheeling, and Sparrows Point Facilities, issued March 2, 2011 by Severstal North America over PR Newswire, we are advised by the company that Raymond James and Associates, Inc. also acted as Severstal's financial adviser, (along with Evercore Partners), on Severstal's sale of its Warren, Wheeling, and Sparrows Point assets to the Renco Group, Inc. The complete, corrected release follows: Severstal North America Sells Warren,...

2011-03-02 08:21:00

PITTSBURGH, March 2, 2011 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) today welcomed the announced stock purchase of Severstal's USW-represented assets by the Renco Group, including the former Wheeling-Pittsburgh Steel facilities in the Ohio Valley, including Wheeling Corrugating in Wheeling, WV and the Allenport facility in Allenport, PA; the former WCI Steel facility in Warren, Ohio and the former Bethlehem Steel facility in Sparrows Point, MD, along with a 50% ownership of...

2011-03-02 07:05:00

DEARBORN, Mich., March 2, 2011 /PRNewswire/ -- Severstal North America, a subsidiary of OAO Severstal, today announced that The Renco Group, Inc. has signed a definitive agreement to purchase Severstal's operations at Warren, OH, Wheeling, WV, and Sparrows Point, MD. The transaction is expected to close in March 2011, and is subject to customary closing conditions, including expiration or early termination of the Hart-Scott-Rodino waiting period. As transaction consideration, Severstal...

2011-01-19 06:53:00

DEARBORN, Mich., Jan. 19, 2011 /PRNewswire/ -- Severstal North America (SNA) announced today that it has achieved a favorable decision in a patent infringement lawsuit brought against SNA by ArcelorMittal France and ArcelorMittal Atlantique et Lorraine. The patent concerns some of the technology used in the production of aluminum-coated, boron-bearing carbon steel, the end use for which is predominantly in high-strength automotive applications. As a result of the decision, which was...

2010-12-28 15:15:00

CLEVELAND, Dec. 28, 2010 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that it has signed a definitive agreement to acquire OOO Severstal-metiz: welding consumables, a leading manufacturer of welding consumables in Russia and a subsidiary of OAO Severstal, one of the world's leading vertically integrated steel and mining companies. The transaction will include acquiring manufacturing operations and exclusive distribution rights of the Severstal...


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  • Boughs or branches.
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