told them, you have one hour to leave. it hurts a little bit, but there s enough of a disconnect for me that i can go to work and know that we re not funding that war effort. we re completely separate. reporter: despite uk, eu, and canadian sanctions against him so far, the united states has not touched roman abramovich. the united states is still ignoring the fact that civilians are being killed. look at mariupol. i mean how much more evidence united states has to have to make a decision? reporter: as for why the biden administration has not yet sanctioned abramovich, sources telling cnn s phil mattingly at the white house that treasury is looking at sanctions but also trying to spare evraz s plant so it wouldn t damage anybody in the u.s. economy, particular live those u.s. steelworker jobs. drew griffin, cnn, chicago.
(Bloomberg) Steelmaker Evraz Plc, partially owned by sanctioned Russian billionaire Roman Abramovich, paid interest to bondholders on time, according to people familiar with the matter.
Evraz was due to wire a $18.
so it makes it tough to sit there and see all the stuff going on. reporter: steelworkers daniel durant, rick lucero, and chuck perco are afraid of what might happen if abramovich is sanctioned by the u.s. it s just the uncertainty is scary. it s real scary. uncertainty for your jobs? for the jobs, yeah. i disdain what s going on over there, but my company is not abramovich s company in my eyes. reporter: david ferryman is senior vice president of evraz north america. do you consider this a russian-owned company? i don t. we re headquartered, independent operation, in chicago. we have our own ceo. we have our own board of directors. we re based in london. yes, the parent company has a large footprint in russia. reporter: that footprint includes a massive russian business. evraz 2021 report shows revenue of $14 billion and that 16% of
the parent company s revenue is derived from the north american plants. abramovich, himself, made $522 million from evraz dividends last year. ferryman insists the revenues generated in evraz steel mills across north america are reinvested in the company in north america. so your position is that these are completely separate entities? i m not saying they re completely separate. those earnings stay here in north america and they re invested into these facilities. technically that may make sense to you, but when we watch what s happening, there s a lot of people wondering how a russian oligarch can invest in a u.s. steel mill and be making some money here while also playing footsie with vladimir putin. i can t speak for that. what i can tell you is we re about as american a company as