Russian steel company OAO Severstal (SVST.L), Monday posted net profit of $44 million for the first quarter, a decline from $427 million reported during the comparable period last year.

OAO Severstal, one of the world's leading steel and steel-related mining companies, remains the leader among Russia's steelmakers in terms of sales of high value-added ("HVA") products.

The Board of Directors of ??? Severstal ("Severstal") (LSE: SVST; MICEX-RTS: CHMF), one of the world's leading vertically integrated steel and steel-related mining companies, is recommending a dividend of 0.43 rubles (approximately $0.01) per share for ...

OAO Severstal, one of the world's leading steel and steel-related mining companies, is extending its partnership with the London Business School (LBS).

Severstal ("Severstal") (LSE: SVST; MICEX-RTS: CHMF), one of the world's leading vertically integrated steel and steel-related mining companies, announces that its Board of Directors has approved the following agenda for the 2012 AGM to be held in ...

Severstal North America is a Dearborn-based subsidiary of the Russian company OAO Severstal. It is a steelmaker serving customers in more than 20 markets including automotive, appliance and service center industries.

Weaker demand for metals dented earnings at companies including OAO Severstal (SVST) and OAO Novolipetsk Steel. (NLMK).

MOSCOW--Russia's largest steel producer OAO Severstal said Monday it sees increasing volatility ahead as it reported its first-quarter net profit fell 89.7% on the year to $44 million, driven by lower prices and weak demand.

NEW YORK - Russian steelmaker OAO Severstal's North American operations recorded higher revenue in the first quarter compared with the fourth quarter of last year as a double-digit rise in sales volumes more than offset lower average selling prices.

StockMarketWire.com - OAO Severstal reported a 42.6% plunge in its first-quarter profit from operations to $222 million, from $387 million.