The Ukrainian Metal

Russia: Rostov Coal Company property sold cheap

Delta LLC has acquired the property complex of the insolvent Rostov Coal Company LLC, a part of Zaporizhstal (Ukraine), for 50 million rubles.

The initial price was 309.9 million rubles.

Rostov Coal Company was created within the 6.9-billion rubles project to construct the Bystryanskaya 1-2 mine in Rostov region to supply cheap blast furnace coke to Zaporizhstal.

In April 2015 it was declared insolvent. (Ukrainian metal)

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