20
Jul
14:50
SSAB sells Ruukki Construction’s Russian business
SSAB is spinning off its Ruukki Construction business in Russia to Salavatneftemash. The transaction is expected to complete in the fourth quarter and excludes the right to the Ruukki brand.
“Our business in Russia has decreased and the outlook is fairly unclear,” Sami Eronen, president of Ruukki Construction, says in a statement. “Having found a suitable buyer, we can now go ahead with the transaction. The Russian business is completely indepe…
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