(Reuters) - NLMK and Duferco are now discussing with U.S. steel services firm Esmark the possibility of granting it a six-months option to acquire up to 50 percent of Winner Steel at NLMK-Duferco cost plus agreed interest, it said.
Pennsylvania-based Winner Steel is one of the largest U.S. independent galvanised steel producers with combined annual capacity of around 1.2 million tonnes. The deal is expected to be completed in June 2007, the statement said.
Read more at Reuters.com Mergers News
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