SEVERSTAL NORTH AMERICA HAS BEEN SOLD.


Columbus, Mississippi Operations

Dearborn, Michigan Operations

This announcement is a brief notice to the fact that on 16 September 2014 Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world's leading vertically integrated steel and steel-related mining companies, sold Columbus and Dearborn Facilities collectively known as Severstal North America, to Steel Dynamics, Inc. and AK Steel Corporation, respectively. For any further information on business and future plans of Columbus Facilities, please refer to Steel Dynamics, Inc. For any further information on business and future plans of Dearborn Facilities, please refer to AK Steel Corporation.