Annual report and accounts 2012

Short-term bank deposits

OAO Severstal and Subsidiaries
Notes to the Consolidated Financial Statements
13. Short-term bank deposits

for the years ended December 31, 2012, 2011 and 2010
(Amounts expressed in thousands of US dollars, except as otherwise stated)

Short-term bank deposits totaled US$ nil at December 31, 2012 (December 31, 2011: US$ nil, December 31, 2010: US$ 12.7 million) and consisted of deposits with an original maturity of more than three months but remaining period to maturity of less than one year.