UPDATE 1-Russia's Severstal backs U.S. Keystone XL pipeline

Newswire

(For other news from Reuters Mining and Metals Summit, click on http://www.reuters.com/summit/GlobalMiningandMetals12) * Severstal says entire steel industry will benefit from pipeline * Co also sees 10 percent growth in 2012 auto steel sales * Severstal North America division is Russian co's second-largest By Alfred Kueppers and Melissa Akin MOSCOW, March 29 (Reuters) - Russian steelmaker Severstal is well placed to benefit from the proposed Keystone XL oil pipeline that could boost demand ...

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