Russia's Severstal sells U.S. plants to AK Steel and Steel Dynamics
July 21, 2014 at 02:20 AM EDT
July 21 (Reuters) - Steel Dynamics Inc will buy Severstal's Columbus mini-mill for $1.62 billion in cash, and AK Steel will buy the Russian steelmaker's assets in Dearborn, Michigan for $700 million in cash.