PAO Severstal (SVST)
04-Feb-2021 / 10:03 MSK
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
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Severstal announces 2021 capital investment programme
February 4, 2021, Moscow - PAO Severstal ("Severstal"; "the Company"), one of the world's leading vertically integrated steel and steel-related mining companies, today announces its capital investment programme for 2021.
Severstal plans to invest approximately $1.35 billion in 2021, focusing on a number of major projects in its Russian Steel and Resources divisions, as well as on key focus areas of the Company's strategy, namely, excellent customer experience, cost leadership and new opportunities.