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Severstal to Sell U.S. Units

Severstal plans to sell three out of five U.S. units and has requested bids by Aug. 13, American Metal Market reported, citing people it did not identify.

The factories for sale are the Warren plant in Ohio, Wheeling in West Virginia and Sparrows Point in Maryland, AMM said. Oleg Bykov, a spokesman for Severstal in Moscow, declined to comment.

(Bloomberg)


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