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28 December 2006

Severstal buys out additional common stocks of Severstal-metiz

Severstal has bought out RUR935 mln worth of additional common stocks of Severstal-metiz placed by closed subscription in favor of Severstal. 11mln stocks of par value of RUR0.01 were issued, the price of placement was RUR130 per stock, which conforms to market value of one common stock of Severstal-metiz estimated by an independent appraiser. In this way, Severstal acquired 7,192,308 stocks of the additional issue of Severstal-metiz, or 65.4% of the total stock issue.

SKRIN Newswire. Ferrous metallurgy

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28 December 2006

"Severstal-Metiz" Certified by ISO 9001:2000

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27 December 2006

Severstal has bought out 65.4% shares of Severstal-Metiz' additional share issue

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26 December 2006

Severstal-Metiz merges steel mesh operations

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