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12 Aug
18:12

‘Inevitable’ say market players of Evraz US sale

Evraz publicly announced that it would begin selling its North American assets and subsidies this week. Steel sources across the market showed little surprise when the news arrived, interested more in who will be purchasing, Kallanish reports. “Russians have been looking to sell off assets since the sanctions regime has kicked in. I expect no change in the market related to a sale. Should the buyer be CLF, NUE, SSAB, JSW (rival platemakers) – then the …
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