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Severstal' PAO (CHMF.MM)

CHMF.MM on Moscow Interbank Currency Exchange

795.00RUB
11:49am EDT
Change (% chg)

руб11.60 (+1.48%)
Prev Close
руб783.40
Open
руб789.90
Day's High
руб801.70
Day's Low
руб776.10
Volume
604,900
Avg. Vol
545,203
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руб1,051.50
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руб631.70

Latest Key Developments (Source: Significant Developments)

Severstal says sees Russian steel prices falling in H2
Thursday, 20 Apr 2017 09:32am EDT 

April 20 (Reuters) - Russia's Severstal ::Says steel prices on the Russian domestic market seen falling in the second half of 2017..  Full Article

Russia's Severstal says recommends Q1 divs of 24.44 rbls/share
Wednesday, 19 Apr 2017 11:31am EDT 

April 19 (Reuters) - Russia's Severstal ::Says board recommends Q1 dividend payment of 24.44 roubles ($0.4323) per share..  Full Article

Russia's Severstal says Q1 crude steel output down 2 pct q/q
Thursday, 13 Apr 2017 02:11am EDT 

Severstal , one of Russia's largest steelmakers, says: Q1 crude steel production down 2 percent quarter-on-quarter to 2.86 million tonnes due to planned maintenance works at CherMK; . Q1 steel product sales down 9 percent q/q to 2.53 million tonnes; . Following record Q4 sales volumes, Severstal replenished inventories to normal level in Q1 and accumulated finished good stocks for subsequent realisation during 2017 as well as increased export sales in response to weaker domestic demand and lower activity from local traders; .Q1 steel product export sales volumes grew to 42 percent of the sales mix from 38 percent in the last quarter of 2016..  Full Article

Russia's Severstal recommends Q4 dividend payment of 27,73 roubles per share
Wednesday, 1 Feb 2017 11:35am EST 

Severstal , one of Russia's largest steelmakers, said : Its board recommended a fourth-quarter dividend payment of 27,73 roubles per share; . Approval of the dividend is expected at Severstal's AGM, which will be held on June 9; . For Q4 2015, Severstal paid a dividend of 20,27 roubles per share. Further company coverage: [CHMF.MM] (Reporting By Denis Pinchuk; Editing by Susan Fenton) ((denis.pinchuk@thomsonreuters.com;)).  Full Article

Russia's Severstal names Shevelev as new CEO
Tuesday, 22 Nov 2016 05:54am EST 

Russia's Severstal : Announces appointment of Alexander Shevelev as new Chief Executive Officer, effective from Dec. 12, 2016; . Alexey Kulichenko, an acting CEO of Severstal since Nov. 8, will stay in the company as Chief Financial Officer; .Vadim Larin, chief executive of Severstal management, stepped down for personal reasons in early November..  Full Article

Russia's Severstal Q2 crude steel production down 3 pct q/q
Tuesday, 12 Jul 2016 02:11am EDT 

Russia's Severstal says: Q2 crude steel production down 3 percent q/q to 2.81 million tonnes; . Q2 consolidated sales of steel products up 14 percent q/q to 2.79 million tonnes; . mining of Severnaya coal reserves via adjacent Komsomolskaya mine is one of potential options; .global steel price "normalisation" may trigger reduction in Chinese steel capacity..  Full Article

Moody's confirms Severstal' PAO ratings, gives negative outlook
Tuesday, 26 Apr 2016 11:40am EDT 

Severstal' PAO:Moody's says confirms Severstal' Ba1 corporate family ratings (CFRs) and Ba1-PD probability of default ratings (PDRs).Outlook is negative.  Full Article

Severstal' PAO places $200 million convertible bond
Tuesday, 26 Apr 2016 11:16am EDT 

Severstal' PAO:Says that it has completed the offering of $200 million principal amount of senior unsecured guaranteed convertible bonds due 2021.The bonds are, subject to a cash settlement option at the discretion of the issuer, convertible into Global Depositary Receipts (GDRs) of Severstal listed on the London Stock Exchange, each representing one ordinary share of Severstal.The bonds will carry a coupon of 0.5 percent per annum payable semi-annually in arrears.The initial conversion price, representing a sum of reference price and a conversion premium of 17.5 percent to the reference price, has now been set at $13.8.  Full Article

Severstal' PAO recommends Q1 dividends of 8.25 roubles per share-Reuters
Wednesday, 20 Apr 2016 10:58am EDT 

Severstal' PAO:Russian steelmaker Severstal said on its board had recommended first-quarter dividend payments of 8.25 roubles per share-Reuters.  Full Article

Severstal' PAO - Two miners found dead, 28 still trapped after accident at Russian mine - Reuters
Thursday, 25 Feb 2016 04:36am EST 

Severstal' PAO:Two miners were found dead on Thursday evening and the search for 28 more miners was continuing after an accident in a coal mine owned by a subsidiary of Severstal CHMF.MM in Russia's northern Komi Republic - RTRS.At the moment when the accident happened in coal-mining town Vorkuta, 110 people were in the mine and 80 of them were taken to the surface as of 1655 GMT, Severstal's subsidiary Vorkutaugol said in a statement."We all hope now that there will be no other casualties. We are doing everything possible for quick evacuation of miners who remain in the mine," Vadim Shablakov, the subsidiary chief executive, said.According to preliminary information, there has not been significant damage to the mine, Russian news agencies reported.  Full Article

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