HomeNewsSeverstal Expands Steel Output as Mittal Retrenches
Severstal Expands Steel Output as Mittal Retrenches
Published on 04/10/2011
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Alexei Mordashov, driving a 2 billion-a-year expansion program at steelmaker Severstal, is investing in new U.S. output just as largest rival ArcelorMittal shutters plants to weather a slump in demand.