Where Russian steel is headed

Why Severstal can sell American stocks and which markets are top priority

Andrei Laptev, Director of corporate strategy, JSC Severstal

Severstal is a Russian steel and mining company, one of the largest in the world. Company revenue in 2013 under IFRS amounted to $13.3 billion and net profit $82 million. Since November 2006, global depositary receipts (GDR) for shares in Severstal have been traded on the London Stock Exchange.

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