Content of the report:
- The Share Price Has Weak Growth Possibilities;
- Production Was Up In Q4 2009;
- 9m 2009 Financial Results Were Weak;
- No More Carrington Wire;
- Return To Service;
- Close To Pre-Crisis Levels In Long-Term;
- BBA Investment Rating;
- Income Statement (Historical);
- Balance Sheet (Historical)
Summary of the report:
Author of this report believes that in 2011 the steel market will start to recover faster than in 2010, and in long-term it is likely to reach close to pre-crisis levels. Severstal is likely to benefit from this factor and to improve its business activity significantly.
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