"Demand in the automotive sector is recovering at a higher pace than in any other segment and in the next five years we expect it to rise, especially in the south of the U.S. and in Mexico," Severstal International CEO Sergei Kuznetsov tells the Detroit Free Press in a telephone interview from London. The unit sells about 30% of its steel to auto makers including the Detroit Three. Kuznetsov says it already has begun shipping to BMW and Mercedes-Benz, and has opened talks with ...

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