Vertical integration a top priority: Severstal

Nov 23, 2011 | 11:39 AM | Jo Isenberg-O’Loughlin

Tags  Severstal NA, steel, Mark Yost, DRI, scrap, Jo Isenberg-O’Loughlin

NEW YORK — A top executive of Severstal North America Inc., which has invested more than $1.3 billion over half a decade to construct one of the world’s most technologically advanced mini-mills in Columbus, Miss., conceded that despite the 10-figure outlay, the electric furnace (EF)-based flat-rolled facility is missing a pivotal component.

"I think vertical integration is a missing piece for us," chief financial officer Mark J. Yost acknowledged in an exclusive interview with AMM.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results