Evraz may be trimming its asset roster, the Moscow Times reports.
The Russian steelmakers expanded rapidly until the global financial crisis hit. Among its purchases was Claymont Steel, which was acquired in a nearly $600 million deal.
Evraz, which is listed on the London exchange, is controlled by British soccer team owner Roman Abramovich, who is listed as one of Russia’s wealthiest men.
The company is selling is Evraztrans business, but may put other assets on the block.
Evraz Claymont Steel operated throughout the financial downturn and is working to improve its environmental performance.
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