The Russian company SEVERSTAL lost $ 1.5 billion from sale of enterprise assets in the US in 2008? Is it true?

Severstal bought the mills for about $ 2.7 bln in 2008.
After 3 years, Severstal sold Sparrows Point, Warren, Wheeling mills for $ 1.2 billion to Renco Group in 2011.
The Russian company Severstal, controlled by billionaire Alexei Mordashov, lost $ 1.5 billion from sale of enterprise assets in the US?
Seversal sold all other plants in North America in 2014.

Ph.D. Natalia Petrovskaya

References
1. https://ru.wikipedia.org/wiki/%D0%A1%D0%B5%D0%B2%D0%B5%D1%80%D1%81%D1%82%D0%B0%D0%BB%D1%8C
2. https://www.reuters.com/article/severstal-renco-idUSLDE7211HL20110302
3. https://en.wikipedia.org/wiki/Renco_Group