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19 Jun
16:24

Russia’s IMH emerges as NLMK assets favourite: reports

Russia’s Industrial and Metallurgical Holding (IMH), a vertically integrated metallurgical company, is rumoured to be the top candidate to acquire NLMK's Ural assets, according to reports from Russia’s Interfax news agency. IMH presented a more appealing offer for NLMK’s Ural plants and a mini-mill in the Kaluga region, leading to the withdrawal of Novostal-M, another contender for the potential deal, Kallanish notes. NLMK Group initially pu…
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