NLMK considers buying Revyakino long steel mill

Novolipetsk Steel (NLMK), one of Russia’s major steelmakers, is considering the purchase of compatriot long steel producer Revyakino Metal Rolling Plant (RMZ), Reuters reported on Tuesday December 29.

A source at the Revyakino mill neither confirmed nor denied the report when talking to Steel First on Thursday December 31. An NLMK spokesman had declined to comment on the report on the day.

“NLMK [representatives] have visited the Revyakino mill, but it will all depend on whether [NLMK] agrees on...


Nadia Popova

December 31, 2015

15:30 GMT