September 17, 2014 12:17 PM ET

Metals and Mining

Company Overview of Severstal Columbus, LLC

Company Overview

Severstal Columbus, LLC produces flat-rolled carbon steel products in a range of grades, chemistries, gauges, and widths in the United States. It offers hot and cold rolled, hot-dipped galvanized and galvannealed, and culvert sheet steel products for applications that include ceiling grids, grain systems, HVAC equipment, machinery, metal buildings, water heaters, and others. The company serves customers in automotive, appliance, construction, container, pipe and tubing, distribution, and converter and service center industries. Severstal Columbus, LLC was formerly known as SeverCorr, LLC. The company was founded in 2003 and is based in Columbus, Mississippi. It has production facilities in D...

1945 Airport Road

P.O. Box 1467

Columbus, MS 39701

United States

Founded in 2003





Key Executives for Severstal Columbus, LLC

External Relations Manager
Compensation as of Fiscal Year 2014.

Severstal Columbus, LLC Key Developments

Severstal North America Announces Earnings Results for the Second Quarter and First Half of 2014

Severstal North America (SNA) announced earnings results for the second quarter and first half of 2014. For the quarter, the company reported revenue of $1,066 million was up 4.9% quarter on quarter (q/q) driven by higher sales volumes. EBITDA was 33.3% higher q/q at $100 million primarily reflecting improvements at Dearborn's operations. Additionally, in second quarter, SNA became cash positive q/q. For the first half, the company reported revenue of $2,082 million was also up, by 10.6% year on year (y/y), on better pricing and higher utilization rates. EBITDA of the whole division in was up 86.2% y/y at $175 million. Cash generation considerably increased with 344% growth y/y on the back of higher EBITDA and net working capital release.

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