OREANDA-NEWS. January 9, 2008. Today was finished a bargain on purchasing of 29,9 % of stocks of “Tulachermet” public corporation at “Mihaylovskiy GOK” public corporation by enterprises which are under authority of Management Company of “Industrial metallurgical holding company” Ltd. The sum of the bargain – 150 million US dollars. Having received control packet of shares, the Management Company of “Industrial metallurgical holding company” Ltd. planning in the nearest future to proceed to realization of project “Steel” at “Tulachermet” public corporation, which will result in output of 3,5 million tons of slabs pro year. The sum of investments in this project makes up about 900 million US dollars.