Latest SeverStal Stories

2010-04-28 17:15:00

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.

2010-02-19 10:37:00

COLUMBUS, Miss., Feb.

2009-11-19 11:24:00

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.

2008-10-23 09:00:27

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.

2008-10-23 09:00:26

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.

2008-10-15 09:00:26

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.

2008-10-15 06:00:18

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.

2008-10-10 18:00:27

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.

2008-09-24 09:00:34

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.

2008-09-18 00:00:24

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.

Word of the Day
  • The abrogation of a law by a higher authority; annulment.
  • In music, during the eighteenth century, a song or an instrumental piece similar to the serenade, intended for performance in the open air.
The word 'cassation' comes from the French 'cassation', from Latin 'casso' ("destroy, annul").