Severstal NA sees prices dip, volumes jump

Jul 14, 2014 | 05:56 PM | Michael Cowden

Tags  Severstal, Severstal North America, operational results, steel, Michael Cowden

CHICAGO — Severstal North America Inc. saw prices slip in the second quarter of 2014 despite increasing sales volumes.

The Dearborn, Mich.-based steelmaker, part of Moscow-based OAO Severstal, reported average rolled products prices of $827 per tonne in the second quarter of 2014, down nearly 1 percent from $835 per tonne in the first quarter as sales volumes jumped 5.9 percent to nearly 1.25 million tonnes over the same comparison, according to....

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