Novolipetsk Steel, billionaire Vladimir Lisin’s steelmaker, may consider acquisitions in Asia and the Middle East after paying Duferco Group $600 million to gain control of seven mills in Europe and the United States. “To remove risks to our production, to our ability to meet demand, and to increase the value of the company, we need to diversify our business,” said Oleg Bagrin, a board member at the steelmaker, known as […]