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Last updated on April 24, 2014 at 14:17 EDT

Latest Evraz Group Stories

2008-06-14 21:00:11

MOSCOW. June 14 (Interfax) - The Pipe Metallurgical Company (TMK) together with Evraz Group had closed the deal of buying IPSCO pipe plants from SSAB Svenskt Stal AB. A TMK press release says that company bought 100% in IPSCO Tubulars Inc. and 51% of NS Group located in the United States for approximately $1.25 billion. TMK and Evraz also agreed on an option for the remaining 49% in NS Group, which can be carried out a price of about $500 million. As a result of the deal TMK acquired 10...