The Russian steel producer
Severstal is interested in acquiring
production facilities in
North America, Latin America,
Europe and Asia, the company's CEO Alexei Mordashov said on Monday, January 22.
Mr. Mordashov explained that in 2007
Severstal plans to expand both by increasing the efficiency of its existing assets and by acquiring new ones.
Severstal is particularly interested in the markets which show high market growth, Mr. Mordashov added.