Russian steelmakers in $4bn oil pipes deal

March 14, 2008 1:16 pm

Two Russian steelmakers are set to become among the largest suppliers of specialist steel pipe to the politically sensitive US energy industry, after a $4bn deal announced on Friday. The main protagonist in the transaction is Evraz, Russia’s second biggest steelmaker, in which Roman Abramovich, the Russian billionaire and owner of Chelsea football club, is the largest shareholder. It is buying the North American pipe business of SSAB, the biggest steel producer in Sweden, for a net $2.3bn.

read the rest published by FT here:

Permalink

« Back

Pages
About

Recent Comments
When to Cash Out? Three New York City Entrepreneurs Reflect | Leveraging Ideas: [...] like the infamous Zuckerberg
SAJI PILLAI: There is no need of
Maher Al Tajirr: Maher its good to know
Victor: Larrys is a damn cool
carol hnze: since I am a Hinze
Ahmed m ali Mouraisi: Dear mrs. al amoudi i am
Mister: WTF Mr. Shnaider has already bought
Tom Hayes: Because they are no longer
TERESA VANCE: I KNOW MR. HARDY I
Aaron Wakling: Good Blog. I will continue
Amarjit SIngh: Everyone does mistake, whats important
Dottie Lee: I would like to suggest
Roy Kibui: Looks awesome.. thought I had
FYI: Correct. The biography says that
timothy donner: Feeney is said not to

Behind every billionaire there is a story!

Russian steelmakers in $4bn oil pipes deal

Leave a Comment