PAO Severstal (LSE:SVST) thought about buying Public Joint Stock Company "Chelyabinsk Pipe-Rolling Plant" (MISX:CHEP) but dropped the idea, Severstal Chief Executive Officer Alexander Shevelev told reporters. "We did actually look at the possibility, as did many others, but we did not find enough synergy in it for ourselves. Having considered the opportunity as one option we decided against it," he said.