19
May
10:47
Mechel, Severstal receive permission to continue foreign listings
Russian miner and steelmaker Mechel says the Russian government’s foreign investment commission has granted the company permission to continue having its American depositary receipt (ADR) circulated abroad in compliance with foreign law.
On 27 April, Russia voted through a bill requiring Russian companies to delist their depositary receipts abroad. Mechel submitted a request to the commission for approval to keep trading its depositary receipt…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous