25 Feb 2022 10:03
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. 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
*** PАО 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 $11.6 million and EBITDA of $6 bln in 2021. Severstal's crude steel production in 2021 reached 11.6 million tonnes. |
| 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 |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.