Otelu Rosu steel plant

Russia-based Mechel will sell Otelu Rosu steel plant in Caras-Severin county to a Turkish company for EUR 19 million, mayor Luca Malaiescu stated, capital.ro informs, quoting mediafax.ro. Moreover, the whole activity of the steel foundry…

Romanian plant Ductil Steel Otelu Rosu, indirectly controlled by Russian steel giant Mechel, is put on sale for a starting price of EUR 37.66 million, no VAT. According to a press release, the auction will be held on Thursday, August 13,…