Category Archives: Satka Pig Iron Works

Russia: FAS approves SChPZ and KMZ merge

The Federal Antimonopoly Service of Russia has approved the merge of the Satka Pig Iron Works and Kosaya Gora Iron and Steel Works. According to the FAS, the merge will not result in domination on the manganese ferroalloys market. SChPZ manufactures FMn78 and FMn75 manganese ferroalloys, while KMZ produces only FMn78 ferroalloys. After the merge…

Russia: SChPZ to buy KMZ

Satka Pig Iron Works intends to buy 100% of voting shares of the Kosaya Gora Iron and Steel Works. The companies produce pig iron and ferromanganese. They are the two largest ferromanganese suppliers on the Russian market. KMZ estimated the market at 154.8 thousand tons and called SChPZ its main competitor. The SChPZ share was…