DJ PAO Severstal: Severstal's response to the latest developments in Ukraine
PAO Severstal (SVST) PAO Severstal: Severstal's response to the latest developments in Ukraine 25-Feb-2022 / 13:03 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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Severstal's response to the latest developments in Ukraine
Severstal is closely monitoring the situation and any potential implications for its business. Severstal's assets continue to operate as normal and the Company retains its strong financial position and low debt level. Severstal's highly efficient business model gives us considerable operating strength, reflected in our position as one of the lowest cost public steel companies in the world.
For further information, please contact:
Severstal Investor Relations
Vladimir Zaluzhsky, Nikita Klimantov
T: +7 (495) 926-77-66
vladimir.zaluzhsky@severstal.com; na.klimantov@severstal.com
Severstal Public Relations
Anastasia Mishanina
T: +7 (495) 926-77-66
anastasia.mishanina@severstal.com
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P?? Severstal is one of the world's most efficient metals and mining companies, working with customers and partners to create new products and integrated solutions from steel. The company's assets are located in Russia, Latvia and Poland. Severstal is listed on MOEX and the company's GDRs are traded on the LSE. Severstal reported revenue of USD11.6 million and EBITDA of USD6 bln in 2021. Severstal's crude steel production in 2021 reached 11.6 million tonnes.
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ISIN: US8181503025 Category Code: MSCL TIDM: SVST LEI Code: 213800OKDPTV6K4ONO53 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 145440 EQS News ID: 1288813 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
February 25, 2022 05:03 ET (10:03 GMT)
