Monday 31 August 2015

Otmane El Rhazi : Preferred Highveld bidder could be named this week

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Three formal bids have been received by the practitioners presiding over the business rescue of steel producer Evraz Highveld Steel and Vanadium and a preferred bidder could be named by as early as Wednesday. Business rescue practitioner Piers Marsden told Engineering News Online on Monday that all three bids were received by the August 28 deadline, but that not all of the offers were necessarily capable of conclusion. Nevertheless, he remained optimistic that at least one bid could be accepted.

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