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Metinvest Eyeing Canadian Steelmaker Stelco

Metinvest Eyeing Canadian Steelmaker Stelco

6 July 2008

According to a Canadian daily, Metinvest Holding, the metals and mining arm of System Capital Management that is owned by Ukrainian mogul Rinat Akhmetov, is a bidder for Stelco Inc, a Canadian steelmaker. Metinvest will compete with Russian Severstal and Indian Essar Steel, which have also expressed interest in Stelco.

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