Redistribution in the nail market
Severstal, having purchased OSPAZ, received half of the metal products market Yesterday, details of the transaction for the purchase by the Cherepovets Steel-Rolling Plant (ChSPZ, part of the metallurgical division of Severstal Group) of the Oryol Steel-Rolling Plant (OSPAZ) were made public. Experts believe that it will allow Alexey Mordashov’s company to become the largest player in the hardware market (wire, nails, ropes, mesh, etc.).