26
Jan
14:53
Novostal eyes Danieli’s Russian assets
The Novorossiysk Rolling Plant, part of Novostal holding, wants to recover through a Russian court debt of €4.7 million ($5.1m) it says it is owed by Italian equipment maker Danieli.
If the dispute is resolved in its favour and the defendant fails to pay the debt, the Russian firm expects to receive ownership of Danieli’s Russian assets, including the Nizhny Novgorod-based Danieli Volga unit.
The court postponed the trial to 21 February and rejected Da…
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Anonymous
Very good overview of the weekly steel market.
Anonymous