icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Russian steelmaker Evraz to buy assets in the US

Russian steelmaker Evraz to buy assets in the US
Russian steelmaker Evraz has announced it will buy Oregon Steel Mills for $US2.3 billion. Upon completion of the deal, the US steelmaker will become a subsidiary of Evraz.

The deal is still to be approved by anti-trust authorities.

Earlier Evraz announced it plans to buy new assets. The company already has assets in the Czech Republic and in Italy.

The Oregon deal gives Evraz a powerful position in the American steel market.

Dear readers and commenters,

We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.

Sorry for the inconvenience, and looking forward to your future comments,

RT Team.

Podcasts