Email This Post - Print This Post Print This Post

By John Helmer in Moscow In a contest of bargaining power reminiscent of the 2005 battle between Alisher Usmanov of Metalloinvest and Victor Rashnikov, owner of Magnitogorsk Metallurgical Combine (MMK), MMK is demanding that Metalloinvest lower its iron-ore price, and is refusing to pay for previous deliveries. Metalloinvest says it has cut production at its […]