Severstal reorganises scrap metal business

摘要

Severstal has completed the reorganisation of its scrap metal business by creating Severstal-Vtorchermet, which will serve its Russian steel division, it said. Severstal-Vtorchermet has existed since Februaryl and comprises sixformerly independent companies belonging to the group, Severstal said. It will be managed from Cherepovets, it said. "We are creating one team with a single culture," Denis Pavlyuchenkov, director of logistics and supply of Severstal's Russian steel division, said.