Yorkville Cold Rolling Mill to Return to Operation at Severstal Wheeling

      

WHEELING, W.Va., Nov. 19 /PRNewswire/ -- The Yorkville, Ohio, cold rolling mill of Severstal Wheeling, Inc., will resume operations on December 13, 2009 to provide additional cold rolling capacity to Severstal North America. Yorkville, idled since June 2009, will finish sheet steel made at Severstal Sparrows Point for delivery to customers and Severstal Wheeling's Martins Ferry coating operation. The return to operation of the mill will better balance supply and finishing capabilities within Severstal North America and reflects increasing demand for cold rolled and coated products.

The number of employees to be recalled will vary with production demands.

About Severstal North America:

Severstal North America is the fourth largest steelmaker in the United States and specializes in the full range of the highest quality light flat rolled products. Fully integrated operations are located in Michigan, Maryland, Ohio and West Virginia. A new state-of-the-art electric arc furnace operation in Mississippi serves the growing demand for steel in the southeastern United States. Severstal North America also has several joint ventures for the highest quality coated products.

About Severstal International:

Severstal International is an operating division of OAO Severstal comprising the North American and European segments.

About OAO Severstal:

OAO Severstal is an international metals and mining company with a listing on the Russian Trading System, Moscow Interbank Currency Exchange and the London Stock Exchange. Incorporated in 1993, the company focuses on high value added and unique niche products and operates high-quality assets in North America and Europe.

    Media Contact:
    Bette Kovach, 313-317-0569

SOURCE OAO Severstal