Evraz might get competitors in the purchase of Sibuglemet, which it has been managing since 2015.
In December VEB will hold a competition to manage the holding in Kemerovo region. It had to be hold in summer, but was postponed due to no interest except for on behalf of Evraz. But the new sales already show interest of SUEK, Vostokugol and Severstal. A source reported that even NLMK might participate, even though it had no coal assets.
Sibuglemet is one of the 5 major coking coal miners in Russia with output in 2016 at 11.6 million tons. (Ukrainian metal)