Published: 22 Jul 2014 - 08:09 am | Last Updated: 22 Jan 2022 - 08:20 am
Severstal CEO Alexei Mordashov at the steel mill in Dearborn, Michigan. Russia’s Severstal is to sell its US subsidiaries in a $2.3bn deal that concludes the review of its North American operations and may allow the steelmaker to pay an extra dividend and reduce debt.
