Highveld Steel appoints Ballandino as CEO

(Reuters) - South Africa's Highveld Steel and Vanadium Corp has appointed Walter Ballandino as chief executive, it said on Friday.

Highveld, 54.1 percent owned by Russian steel maker Evraz Group, said in a statement the appointment was effective immediately.


Read more at Reuters Africa

Russian Stocks Have Largest 2-Day Drop Since March: World's Biggest Mover

(Bloomberg) -- Russian stocks fell, putting the
Micex Index on course for its biggest two-day decline in more
than 2 1/2 months. Evraz Group SA slid following a deadly blast
at one of the steelmaker's Siberian coal mines.

OAO Unified Energy System and OAO Sberbank also dropped.


Read more at Bloomberg Emerging Markets News