The Donetskstal Group is in talks on the acquisition of Zelezara Smederevo steel mill in Serbia.
The press service of private joint-stock company Donetskstal Metallurgical Plant said “Information on the stoppage of talks, that have appeared in media reports, are rumors that are not true. At present, the Serbian government is considering the possibility of participating in the procedure”.
Earlier media reports said that Donetskstal had suspended talks on the acquisition of the Serbian company due to difficulties with returning it to profitable operation.
Bids are accepted by April 27 2012 and offers can be submitted by May 4 2012.
PJSC Donetskstal Metallurgical Plant was established on the basis of DMZ. It produces metal goods and sells 40% coke. (SteelGuru)