The Ukrainian Metal

Ukraine: Evraz unable to sell Yuzhkoks

Evraz Group is still considering selling Evraz Yuzhkoks.

“We have variants and the understanding how to sell it”, the company president Alexander Frolov said.

Still, according to him, it is too early to speak of any potential deal or its terms.

In October 2016 Evraz concluded an agreement to sell Yuzhkoks. The payment had to arrive by installments until August 2017.

At the same time the group does not intend to sell Dneprovsky Iron and Steel Works as it considers its operation stable and effective.

“We see the potential to create an additional value for the site”, Frolov added. (Ukrainian metal)

Exit mobile version