Severstal’s Mordashov Seeks to Expand in India, China, Africa

OAO Severstal, Russia’s largest steelmaker, is seeking to expand in China, India, Indonesia and Africa, billionaire Chief Executive Officer Alexei Mordashov said in an interview on state television Rossiya 24. European and U.S. markets look “less attractive,” he said.

To contact the reporter on this story: Ilya Khrennikov in Moscow at

To contact the editor responsible for this story: Amanda Jordan at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.