Skip to main content

noComment
Severstal’s surprise profit

corporate

| |

Russia’s largest steelmaker, Severstal, has posted an unexpected third-quarter net profit.

It said the almost 45 million euro profit was due to a strong performance at its plants in Russia. By contrast its US operations lost 52 million euros. Severstal said, based on greater stability in its main markets, it is increasingly optimistic about the future.More about: ,

Copyright © 2012 euronews

| |

Login

Please enter your login details

Join the euronews community

By joining euronews’ community , you can participate to U talk and I talk and subscribe to our newsletters.
Please note: All fields are required