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Home News Severstal Expands Steel Output as Mittal Retrenches

Severstal Expands Steel Output as Mittal Retrenches

Published on 04/10/2011

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.