The Federal Antimonopoly Service has allowed Severstal to buy 100% of shares in the Metal Group LLC, which owns a license to develop the central part of the Yakovlevskoe iron ore deposits in Belgorod region.
In July Severstal reported on the closing of the deal to buy the claims to the company in the amount of 12 billion rubles from Sberbank. The cost of the deal was 6 billion rubles. (Ukrainian metal)