07
May
17:11
ZTZ receives anti-trust approval to buy Ural Steel
Russia’s federal anti-monopoly service (FAS) has approved a 100% share acquisition of Metalloinvest's Ural Steel works by fellow Russian large-diameter pipe producer Zagorsk Pipe Works (ZTZ), Kallanish learns from the service. There are a number of conditions to uphold.
Ural Steel’s share of Russia’s market for round billet, used to produce rail wheels, exceeds 35%. FAS says it has reason to believe that ZTZ could become a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous