ANALYSIS: Severstal and Evraz: Two peas in a pod?

Dec 23, 2011 | 03:45 AM |

Evraz and Severstal will have to overcome more than just than the personal differences between owners Aleksandr Abramov and Alexei Mordashov before a merger of the two Russian steel companies can happen; two very different business models will also have to find common ground, analysts told Metal Bulletin. They were discussing a possible tie-up between the two companies after Abramov, the Evraz chairman, said that such a move would be a good idea. The main difference lies in the....

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