‘Red October’ in hunt for USS' former Serbia ops
Aug 18, 2014 | 12:17 PM
| Michael Cowden
CHICAGO "Red October" has joined the hunt for elezara Smederevo d.o.o., U.S. Steel Corp.s former operations in Serbia.
Russian steelmaker Volgograd Steel Works "Red October" JSC is expected to be among the "credible bidders" for elezara Smederevo, the Serbian government said in a release on its website.
The announcement came the same day that Serbian Prime Minister Aleksandar Vucic met with representatives of Red October, the Serbian government said. "The Serbian government will soon launch the process of privatization of elezara Smederevo steel works, and it expects that Red October will be one of the credible bidders," it said.....
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