Latest SeverStal Stories
LOS ANGELES, April 28 /PRNewswire/ -- An affiliate of Aurora Capital Group has entered into a definitive agreement to purchase four steel service center facilities including Miami Valley Steel Service, Premier Resource Group, Electric Coating Technology, and U.S.
COLUMBUS, Miss., Feb.
WHEELING, W.Va., Nov. 19 /PRNewswire/ -- The Yorkville, Ohio, cold rolling mill of Severstal Wheeling, Inc., will resume operations on December 13, 2009 to provide additional cold rolling capacity to Severstal North America.
GE Commercial Finance Corporate Lending today announced it has provided a $200 million asset-based credit facility to Severstal Warren, Inc., a steel producer and indirectly owned subsidiary of OAO Severstal. The loan will be used for ongoing working capital needs.
Money4Gold Holdings Inc. (OTCBB: MFGD) is pleased to announce that Mr. Neil McDermott has been appointed to its Board of Directors. Mr. McDermott has a long and distinguished career with particular knowledge and experience in the areas of land, capital and gold.
GE Commercial Finance Corporate Lending today announced a $100 million increase in senior secured financing for Severstal Columbus, a next generation steel mill based in Columbus, MS.
Researched by Industrial Info Resources (Sugar Land, Texas) -- At a time when the global steel industry is witnessing a slowdown in the face of the current economic recession worldwide, Severstal OAO (MCX:CHMF) (Cherepovets, Russia) has announced plans to invest at least $6 billion to forge its presence in the Asian market.
WHEELING - While Severstal North America decides how to weather what is becoming a global economic downturn, hundreds of steelworkers at several Ohio Valley plants will wait to see how long their layoffs last.
TORONTO, ONTARIO--(Marketwire - Sept. 24, 2008) - PBS Coals Limited (formerly Penfold Capital Acquisition Corporation) (TSX:PBS) is pleased to announce the completion of its previously announced business combination with PBS Coals Corporation effective today, September 24, 2008.
By Joe Napsha With oil hovering around $95 a barrel and drilling in the United States for oil and natural gas on the rise, the new Russian-based owner of steel tube plants in Koppel and Ambridge in Beaver County sees a bright future for local operations.
- The abrogation of a law by a higher authority; annulment.