MOSCOW, May 13. /ITAR-TASS/. Igor Zyuzin’s Mechel mining and metals company is negotiating selling a share in its Elgaugol company with South Korean Posco and Chinese Baosteel, the Vedomosti daily reports with reference to two sources close to a Posco’s counterparty and Mechel.
Baosteel, Posco may acquire stake in Mechel’s subsidiary
Elgaugol owns a license for developing a huge coking coal field in the Republic of Yakutia