Evraz has postponed the sale of Evraz NMTP in Nakhodka.
Novoport, one of the probable buyers of the port, offered $250 million.
In late November 2016 Evraz started looking for buyers of a 100% stake in NMTP. A dozen buyers could purchase the asset, including companies from China and Kazakhstan.
The main advantage that makes this sale attractive is the readiness of Evraz to conclude a long-term agreement to ship 5 million tons of metal and 5 million tons of coal on take-or-pay conditions.
The port is not Evraz’s main asset, and the sale could decrease its debt burden. (Ukrainian metal)