This Colorado steel mill 'built the American west,' but its ownership has ties to Russia
CNN
The steel mill that looms over low-slung neighborhoods in Pueblo, Colorado, is a rare bright spot for manufacturing in America. But in the wake of the invasion of Ukraine, the steelworkers and their city are grappling with an unpleasant reality that is no longer easy to ignore: The mill is owned by a company that has been accused of potentially supplying steel to build Russian tanks and whose largest stakeholder is a close ally of Russian President Vladimir Putin.
But in the wake of the invasion of Ukraine, the steelworkers and their city are grappling with an unpleasant reality that is no longer easy to ignore: The mill is owned by a company that has been accused of potentially supplying steel to build Russian tanks and whose largest stakeholder is a close ally of Russian President Vladimir Putin.
The plant, which still ranks among the largest employers in the small city of Pueblo, was bought in 2007 by Evraz, one of Russia's major steel-producing companies. Evraz's biggest shareholder is the oligarch Roman Abramovich, who was sanctioned by the United Kingdom, the European Union and Canada last month.
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