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Archive for the ‘Severstal|SVJTF|NQB’ Category

World Business Briefing: India: Larger Bid for Esmark

Thursday, June 12th, 2008

Essar Steel Holdings, an Indian steel maker, plans to raise its bid for Esmark, a steel maker in West Virginia, by 12 percent to about $750 million to thwart a bid by Severstal of Russia.

author By BLOOMBERG NEWS, source www.nytimes.com

Posted in Essar Steel Holdings, Severstal|SVJTF|NQB, Steel and Iron, Mergers, Acquisitions and Divestitures | Comments Off | Read more..

Russia Steel Maker Buys U.S. Plant

Friday, March 21st, 2008

Severstal, Russia’s largest steel maker, will expand its American presence with the $810 million acquisition of the Sparrows Point mill in Maryland.

author By REUTERS, source www.nytimes.com

Posted in Bethlehem Steel Corporation|BHMMQ,BHMOQ,BHMPQ,BHMSQ|OTC, ArcelorMittal|MT|NYSE, Severstal|SVJTF|NQB, Steel and Iron, Mergers, Acquisitions and Divestitures | Comments Off | Read more..