Severstal NA sales volumes, prices log third-quarter gain

Oct 18, 2013 | 04:05 PM | Catherine Ngai

Tags  steel, Severstal North America, Columbus, Dearborn, hot-rolled

NEW YORK — Severstal North America Inc.’s sales volumes and price levels rose sequentially in the third quarter, which it attributed to a growing U.S. economy and a positive outlook for the steel market.

The Dearborn, Mich.-based steelmaker sold some 1.2 million tonnes of hot-rolled coil and plate, cold-rolled coil and galvanized and metallic-coated coil products, up 2.5 percent from 1.17 million tonnes in the previous quarter, it said Oct. 17 in its third-quarter operational results. ....

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