Severstal History: Founding, Timeline, and Milestones
In 2005 the Russian steel and mining company Severstal became the majority shareholder (approx 60%) of Gruppo Lucchini, the remainder being owned by Lucchini Family (30%) and other minor shareholders. ... Putu's closure in early 2016 is understood to have been caused by a number of factors, including the low level of iron …
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