Possible sale of unprofitable ferroalloy assets of Mechel may improve financial results of the company
Edited by Rhod Mackenzie / 2013-03-15 12:07:02
According to Bloomberg, the world's largest metal-trader Glencore explores the possibility to buy the ferroalloy assets of Mechel. To date, Glencore and Mechel haven’t come to any agreement. Glencore studies the possibilities to extend its investments after the purchase of the Vale’s subsidiary, producing manganese ferroalloys, in Europe.
