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Russian steelmaker Evraz buys assets of SSAB unit Ipsco

Article Abstract:

Steelmaker Evraz Group S.A. agrees to buy Ipsco Inc.'s pipe and tubes business assets in North America for $4.03 billion. Article discusses Evraz Group's recent acquisitions, investments, and strategies to become a major contender in the global steel sector.

Author: Matthews, Robert Guy, Langley, Andrew
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
Acquisitions & mergers, Foreign operations, Forecasts, trends, outlooks, Financial management, North America, Mergers, acquisitions and divestments, Company acquisition/merger, Company investment, Investments, Ipsco Inc., Company business forecast/projection, Company forecasts, Evraz Group S.A.

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Severstal net profit doubles on Russia's demand for steel

Article Abstract:

First-half net profit for Russian steel firm OAO Severstal more than doubled, reaching $999 mil, due to strong worldwide steel prices and the firm's improved domestic operations. Revenue increased by 31% to reach $7.71 bil.

Author: Smith, Geoffrey T.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Sales, profits & dividends, Company sales and earnings, Company earnings/profit, OAO Severstal, Financial report

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Subjects list: Russia, Steel industry
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