FMG 0.18% $21.86 fortescue ltd

does anyone know much about the Russian, Mordashov and his...

  1. LZA
    1,858 Posts.
    does anyone know much about the Russian, Mordashov and his Severstal ? l think the Japs would be more reliable, but maybe Twiggy could find a good deal maker with Mordashov.

    Industry sources said although Mitsubishi had superior financial clout, its conservative approach and links to Japanese steel makers made Mr Mordashov's Severstal Steel a more likely partner.

    Mr Mordashov is Russia's seventh and the world's 64th richest man. He is already eyeing a $US15 billion float of his 89 per cent-owned steel group in a bid to give Severstal a global presence
 
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