SOURCE: Severstal Dearborn, LLC

Severstal Dearborn, LLC

December 19, 2013 14:26 ET

Severstal North America Appoints Director of Scrap and Metallics Procurement

DEARBORN, MI--(Marketwired - December 19, 2013) - Severstal North America, a leading steel producer in the U.S., has appointed Sanjeev Badola, Director, Scrap and Metallics Procurement, based in Dearborn, Mich. effective January 1, 2014.

In his new position, Badola will direct the company's strategy of procuring metallics and scrap metal and report to Gerrit Reepmeyer, Vice President, Procurement.

"I am honored to welcome Sanjeev to the Severstal team," said Reepmeyer. "His profound background and knowledge of international metallics trading will be a tremendous asset for our company."

Prior to joining Severstal, Badola served as the Worldwide Trading Manager, Raw Materials, for Starglobe, handling a $400 million portfolio of pig iron, HBI and iron ore trades. Before that, he worked with Carbofer and built the pig iron trading business to be among the top three in the world. Badola started his career with Cargill where he held several positions in worldwide trading responsibilities.

Badola received his MBA from the American Graduate School of International Management at Thunderbird with an emphasis on International Trade and Finance. He also holds certifications in import and export management and ocean shipping and inland transportation.

About Severstal North America:
Established in 2004, Severstal North America is one of the largest steel producers the United States, specializing in the full range of high quality light flat rolled products. Corporate headquarters and integrated operations are located in Dearborn, Mich. A state-of-the-art electric arc furnace operation in Columbus, Miss. serves the growing demand for steel in the southeastern United States. Over $3 billion in investments have modernized and expanded both facilities. Severstal also has several joint ventures specializing in value-added coated products and coke making. The company serves customers in more than 20 markets, including automotive, appliance, construction, container, pipe and tubing, distribution, converter and service centers. Severstal North America is a wholly-owned subsidiary of OAO Severstal, one of the world's largest vertically integrated steel and mining companies. Visit our website at www.severstalna.com or follow us on Twitter @SeverstalNA.

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