Contracts

Tikhvin wagonRolled steel 88,000 mt (2014 90,000 mt)Renault-Nissan Rolled steel Moscow and Tolyatti 83% demand two factories in RussiaGM Uzbekistan Rolled steel 2014, it supplied more than 60 percent of GM Uzbekistan's steel consumption.Volkswagen Group Rus Metal blanks Severstal-Gonvarri-Kaluga joint venture Spanish company Gonvarri Pressed parts Gestamp-Severstal-Kaluga joint venture Gestamp

Geography

EY limited access to capital 10%–15% of steelmaking capacity close 2-3yearsIncrease in M&A activity as stronger operators acquire their weaker aim rationalizing the sector

India

750 companies manufacturing steel, iron and related products debt, small scale Bhushan’s debt (50% more than fair value) Usha Martin is not in distress and not available for sale.”

Africa

Rise as projects such as Mozambique’s railway line linking Tete and Nacala near completion.Rail and port continent World Steel Association growth of 7.4% in 2015 to 40 million tons

Asia (China)