Russian Severstal is selling its Dneprometiz works in Dniepropetrovsk, Ukraine.
According to Severstal-metiz CEO Alexander Shevelev, the company is looking for a buyer of its business in Ukraine. Negotiations with a potential client are in preliminary stage.
At the same time, the company hopes to strike the deal by the end of the year. For a share in the works Severstal wants $20-30 million, but it can also sell the works completely.
Among the potential buyers of the works are metal and mining companies. (Ukrainian metal)
