Steelmaker Evraz is selling its North American subsidiary Major Russian steel and mining company Evraz announced on Wednesday the planned sale of its North American business, and began seeking buyers. According to a statement published on the company website, the process is being conducted under the Office of Financial Sanctions Implementation (OFSI) General License. “The possible transaction will be subject to regulatory and corporate approvals and applicable sanctions laws, and will require approval from relevant sanctions authorities, including OFSI,” the statement reads. Evraz North America describes itself as
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