Severstal agrees steel supply deal with Russian railcar producer for 2015

Severstal has agreed a deal on rolled steel supplies to the Tikhvin Freight Car Building Plant for March-December this year, the Russian steelmaker said on Tuesday March 31.

In early February, the Russian government threatened to introduce export duties for steel products if steelmakers did not agree to lower prices for domestic end-users.

Severstal did not reveal the...


March 31, 2015

15:06 GMT