The troubled "Kremikovtzi" steel mill will have to halt all mining activities and several productions at the end of March because of the lack of interested investors. The information was provided Friday by the "Podkrepa" trade union representative, Luy
Bulgaria's economy and energy minister admitted talks over the purchase of insolvent steel mill Kremikovtzi have been bogged down, blaming it on low prices on foreign markets.
The Brazilian metallurgical giant CSN (Companhia Siderurgica Nacional) remains the only main candidate for the purchase of the troubled Bulgarian steel mill Kremikovtzi.
Japan's industrial production fell by 10% in January which is the biggest monthly drop since records began more than 50 years ago, the Japanese government reported Friday, cited by the BBC.
Bulgaria's Ministry of Energy and Economy has received a letter from the Russian company Finprominvest expressing its general interest in the troubled steel-maker Kremikovtzi, the Bulgarian private Darik radio reported.
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