Russia's Steelmaker Withdraws from U.S. Market for $2.3 Billion - Presented by: The Aol. On Network

Russia's Severstal sells North American steel assets to Steel Dynamics (STLD) and AK Steel (AKS) for $2.3 billion, wrapping up a process which reportedly drew interest from U.S. Steel and Brazil's CSN. Severstal is Russia's second-biggest steel producer, its North American business made up for 30 percent of the company's revenue.



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As of 12/26/2014, 04:15 PM
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