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The Guardian - UK
The Guardian - UK
Business
Rob Davies

Abramovich-linked steel firm denies providing material for Russian tanks

Roman Abramovich
The Financial Conduct Authority said trading in Evraz’ shares had been halted ‘pending clarification of the impact of UK sanctions’. Photograph: Vladimir Gerdo/Tass

A steel company that is 29% owned by Roman Abramovich has denied a government claim that it may have provided raw material to build Russian tanks, after sanctions imposed on the Russian oligarch led to its shares being suspended on the London Stock Exchange.

The Financial Conduct Authority said trading in Evraz shares had been halted “pending clarification of the impact of UK sanctions”.

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