11
Mar
13:31
Evraz suspends Raspadskaya demerger, non-executive directors resign
Evraz has suspended indefinitely the process of the demerger of its Raspadskaya coal assets as it awaits clarification from authorities following the sanctioning by the UK of shareholder Roman Abramovich.
It is awaiting clarification regarding regulatory restrictions from the UK Office of Financial Sanctions Implementation (OFSI), following its 10 March sanctions notice. It is also seeking clarification from Russian authorities on the shareholder rights to dispose…
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Anonymous
Very good overview of the weekly steel market.
Anonymous