Ukrainian State Property Fund announces Krivorozhstal tender

Ukrainian State Property Fund announces Krivorozhstal tender

Ukrainian State Property Fund announced yesterday that a tender for the sale of Krivorozhstal's 93.02% share will be held within 30 days. The starting price of the tender is stated to be UAH 3.806 billion (around $714 million). Ukrainian government had previously revealed that it plans to privatize Krivorozhstal. As previously reported by SteelOrbis, Arcelor and Severstal was planning to bid jointly for Krivorozhstal.