DEARBORN, Mich., July, 28, 2010 – Severstal (LSE: SVST), one of the world’s leading integrated steel and mining companies, announces the idling of its hot-end facilities at Severstal Sparrows Point, as of July 25, 2010 as previously scheduled. The idling of blast furnace and steel-making facilities is in response to weakened market demand allowing the company to better optimize production capabilities and balance internal inventories. The hot-end facilities will resume operations once market conditions improve. Hot strip mill and all finishing facilities including tin plating lines of Sparrows Point will continue operating to ensure uninterrupted service of our customers. 

Moscow, July 27, 2010 – OAO Severstal (“Severstal”) (LSE: SVST; RTS: CHMF) announces that it has acquired (through its subsidiary Severstal Gold N.V.) 209,389,500 additional shares in Crew Gold Corporation (“Crew Gold”) through over the counter transactions at a purchase price of USD 0.338325 per share on July 26, 2010. Following the acquisition, Severstal Gold N.V. owns 1,072,832,160 shares in Crew Gold, representing approximately 50.17% of the total shares and votes of Crew Gold.

Moscow, Russia — July 22, 2010 – OAO Severstal (LSE: SVST), one of

The Gestamp-Severstal-Kaluga Stamping Facility and the

Severstal will have control over the stake representing approximately 36.22% of the issued and outstanding Common Shares of Crew Gold.

Bluecone Limited has transferred its shares of Crew Gold Corporation to Severstal Gold N.V.

Vladimir's responsibilities will

OAO Severstal (LSE: SVST; RTS: CHMF), one of the world’s

The Annual General Meeting of Shareholders of OAO Severstal for the results of 2009 was held on June 11, 2010. The following resolutions were adopted: