In a release, Evraz said the sale would allow them to “unlock the stand-alone value of the North American business.”
Russian Oligarch Looking To Sell North American Steel Mill
This is a great little article. Evraz Steel is owned by Russian billionaire Roman Abramovich, who has the controlling share.
- Drew Postey
- CTVNewsRegina.ca Digital Content Producer
Evraz plc has begun the process of soliciting proposals for the possible sale of its North American subsidies, which includes Evraz Steel in Regina.
In a release, Evraz said the sale would allow them to “unlock the stand-alone value of the North American business.”
Evraz North America (ENA) has a steelmaking capacity of 2.3 million tons and a finished steel capacity of 3.5 million tons.
