Ports on the shopping list

News-in-print

Russia’s powerful steel producers are moving in on the country’s seaports Russian steel maker Evraz Holding has acquired a 60 per cent stake in Nahodkha Commercial Seaport. The move is ostensibly aimed at securing access to its exports to Far East markets on favourable terms. Tiger Securities, based in Australia, retains its 10 per cent share in the port company, pending the outcome of negotiations with Evraz.

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