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Mechel OAO Sells Invicta Merchant Bar-Interfax


Friday, 19 Jul 2013 05:26am EDT 

Interfax reported that Mechel OAO has sold 100% of the Invicta Merchant Bar plant in Britain for GBP 1.1 million, the Russian coal and steel group said in statement. The buyer, Helium Miracle 127 LLP, assumed the plant's debt to Mechel OAO.