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In a literal sense, even a private company, of course, cannot do everything that it wants without some discussion with government. As a good corporate citizen, Severstal discussed the idea of a merger with Arcelor with the Russian government.

In a literal sense, even a private company, of course, cannot do everything that it wants without some discussion with government. As a good corporate citizen, Severstal discussed the idea of a merger with Arcelor with the Russian government.


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Author introduction

Alexey Alexandrovich Mordashov (Russian: Алексей Александрович Мордашов; born 26 September 1965), is a Russian billionaire businessman. He is the main shareholder and chairman of Severstal,[2] a Russian conglomerate with interests in metal, energy and mining companies. In April 2019, CEOWORLD magazine reported that Mordashov was Russia’s 4th richest person, with an estimated worth of $20.5 billion. [3]



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