Bidders sought for troubled Serbia plant

Oct 09, 2012 | 03:20 PM | Christopher Rivituso

Tags  Serbia steel plant, Zelezara Smederevo, U.S. Steel, steelmaker, Christopher Rivituso

LONDON — The Serbian government is seeking a strategic investor to acquire 75 percent of steelmaker Zelezara Smederevo (ZS), AMM sister publication Steel First reported.

Interested parties have until Oct. 26 to submit a bid for the plant, which must include a business plan for at least four years and a $50-million investment to restart....

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