Serbia seeks buyer for former USS plant

Apr 06, 2012 | 10:34 AM | Michael Cowden

Tags  Zelesara Smederevo, Boris Tadic, Serbia, Donetsk Iron & Steel, U.S. Steel, Michael Cowden

TORONTO — The Serbian government plans to seek a partner in the coming week to purchase Železara Smederevo (ZS), U.S. Steel Corp.’s former operations in the country.

Serbian President Boris Tadic said during a visit to the mill that an ideal partner would have coke production capacity and galvanizing capabilities, the latter to better position ZS to serve the automotive industry, according to a translation of a report from Serbia’s Tanjug national news agency posted on Tadic’s website.....

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