Severstal NA records strong 1st qtr. despite winter chill
Apr 30, 2014 | 02:27 PM
| Thorsten Schier
NEW YORK OAO Severstals North American operations posted strong financial and operating results in the first quarter despite the harsh winter weather, according to the Russian steelmaker.
Severstal North America Inc., with operations in Dearborn, Mich., and Columbus, Miss., recorded earnings before interest, taxes, depreciation and amortization (Ebitda) of $75 million for the three months ended March 31, up 50 percent from $50 million in....
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