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By John Helmer in Moscow Alexei Mordashov, controlling shareholder and chief executive of the Moscow-based Severstal group, has set a sale price on the group’s North American assets of $3.6 billion, according to a source close to the company. Lazard Freres is the investment banking firm advising Mordashov on the deal. The disclosure comes after […]
by John Helmer - Thursday, May 21st, 2009
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By John Helmer in Moscow Russian steelmakers in Moscow have confirmed that their export surge towards China, on which the revival of Russian mill capacity is currently based, is now threatened by an anti-dumping (AD) inquiry launched by Beijing. According to an unconfirmed report from Interfax China this week, Beijing has ordered an AD investigation […]
by John Helmer - Thursday, May 21st, 2009
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