Severstal aouces sale of Mii-Mill Balakovo

May 6, 2019 PAO Severstal (the “Company”) one of the world’s leading vertically integrated steel and steel-related mining companies, announces that it has entered into a definitive agreement with Abinsk Electric Steel Works LTD for the sale of Mini-Mill Balakovo. The consideration of the transaction will be $215 millio n. The transaction is expected to…

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Russia’s Lavrov Urges U.S. to Cancel Plans to Oust Venezuela’s Maduro

Foreign Minister Sergei Lavrov said on Sunday that Russia condemns what he called a campaign to overthrow Venezuelan President Nicolas Maduro, arranged by the United States, and urged Washington to cancel its “irresponsible” plans. Lavrov made his statements at the start of a meeting with Venezuelan Foreign Minister Jorge Arreaza in Moscow. Lavrov is traveling on Monday…

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