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Severstal to sell US units

Russian steel manufacturer Severstal has sold its US subsidiaries to two American firms for a combined $2.34 billion. The deal comes amid instability in Russia’s economy following sanctions stemming from the breakaway of Crimea and the rebellion in Ukraine. http://online.wsj.com/articles/severstal-to-sell-north-american-units-1405924520?mod=WSJ_hp_LEFTWhatsNewsCollection

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