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Europe Daily Bulletin No. 8825

11 November 2004
Contents Publication in full By article 36 / 45
ECONOMIC INTERPENETRATION / (eu) steel

The Russian steel producer SEVERSTAL (annual production of 14 million tonnes of steel) has made an offer for the Canadian steel producer STELCO, which is undergoing restructuring. It has not made the terms of its offer public, but states that it intends to contribute some 400 million Canadian dollars in new capital investment in STELCO (annual production of 4 million tonnes of steel).

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION