Thursday, April 29, 2021

Is it true that billionaires Roman Abramovich, Alexander Abramov, Aleksandr Frolov lost $ 564.8 million when investing in a US Evraz Claymont Steel?

In 2007, Evraz Group buys Claymont plant for $564.8 million.
In 2013,  Evraz announces indefinite closing of Evraz Claymont Steel.
"Move follows a $91 million write-off in 2012 and an "assets impairment" write-off of $297 million on Dec. 31. Company facing emission-control, cleanup pressures from state environmental regulators." More

Ph.D. Natalia Petrovskaya

References
1. http://www.evrazna.com/
2. https://www.delawareonline.com/story/news/local/2014/11/10/claymont-steel-timeline/18808869/
3. https://www.reliableplant.com/Read/9552/evraz-group-to-acquire-claymont-steel-for-$5648-million
https://en.wikipedia.org/wiki/Evraz
4. https://www.wdel.com/news/drone-video-the-transformation-of-the-steel-mill-in-claymont/article_84dfb9d2-b550-11e9-8bd1-4f4b5092d2fe.html



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