Russian steelmaker Evraz to buy assets in the US
![Russian steelmaker Evraz to buy assets in the US](https://mf.b37mrtl.ru/files/oldfiles/business/russian-steelmaker-evraz-to-buy-assets-in-the-us/466e8ea8847f4.si.jpeg)
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.
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