Grip of steel tightens around ports

In-Depth

At the end of last year, Severstaltrans (SST), the transport and logistic service arm of Russia’s leading steelmaker Severstal, purchased a 25 per cent stake in Vostochny International Container Service (VICS), the country’s leading container terminal operator on the Russian Far East port range, from US-based CSX World Terminals (CSXWT).

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