Banner
News

Severstal sells three facilities

April 2011 - Severstal North America, Dearborn, Mich., has signed an agreement to sell its Warren, Ohio; Wheeling, W.Va.; and Sparrows Point, Md., operations to the Renco Group Inc., a New York-based investment holding company. As transaction consideration, Severstal will receive $125 million in cash, a $100 million secured note and the repayment of $317 million of third-party debt at closing. Renco will assume various Severstal financial liabilities that total $650 million.

TMD banner 2016

Company Profiles

COIL PROCESSING PLASMA TECHNOLOGY

Butech Bliss

Koike Aronson

IMS Systems Inc.

SAWING TECHNOLOGY

Red Bud Industries Inc.

Hydmech

Tishken

SERVICE CENTERS

Admiral Steel

LATEST ISSUE 
MM Cover 0416 digital2

vert-current-linewhiteApril 2016

Capital ideas

Not every one got so spooked by 2015 that they buried the piggy bank.

> READ THIS
MONTH'S ISSUE

Instagram - @ModernMetalsMag

Modern Metals on Twitter

Banner

TrendPublishing

Instagram Icon Large twitter facebook linkedin rss

MM 0416 brandingcovers