The Ukrainian Metal

Ukraine: Mechel pays for DMEZ in full

Russia’s Mechel has paid in full for the Donetsk Electrometallurgical Plant purchased in 2011.

The group lost control over the plant 3 years ago.

Mechel bought 100% of the enterprise shares for $537 million with the payment by monthly installments until late 2018.

In February Mechel paid the last installment. (Ukrainian metal)

Exit mobile version