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 ikhrennikov@bloomberg.net.

To contact the editor responsible for this story: Amanda Jordan at ajordan11@bloomberg.net.

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