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NEWS
16.07.2014 Severstal’ sells its U. S. asset to Corsa Coal


PBS Coals will be sold to the Canadian company for $60 m, Severstal’ informs.

The asset`s operations have been suspended due to losses caused by low coal prices.

Loss-making PBS Coals was acquired by Severstal’ for $1.3 bn in 2008.


Source:   metcoal.ru  

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