Russian Steelmaker Severstal Posts Lowest Margins in 16 Years
Severstal PJSC, one of Russia’s top steelmakers, posted its lowest profit margin in 16 years, as a slowing domestic economy weighed on demand.
By Yuliya Fedorinova · Bloomberg Markets
Severstal PJSC, one of Russia’s top steelmakers, posted its lowest profit margin in 16 years, as a slowing domestic economy weighed on demand.