19
Mar
18:09
Evraz shareholders divest shares to reduce sanctions risk
Majority Russian shareholders of the Russian-based vertically integrated steelmaker and miner Evraz sold around 25.4 million shares in the company on Monday in a bid to minimise potential US-backed sanctions risk, Evraz says. The shares represent 1.8% of the company's value and have yielded around $200 million, Kallanish calculates.
The shareholders, including Roman Abramovich, Alexander Abramov and Alexander Frolov, the company pres…
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Anonymous
Very good overview of the weekly steel market.
Anonymous