Mittal Steel, the world's biggest steel making company, hopes for a transparent and fair tender in the sale of a 93.02% stake in the Kryvy Rih Mining and Metallurgical Mill Kryvorizhstal in Dnipropetrovsk region, and it expects to win, GM of Mittal Steel for corporate finance Mr Frank Pannier is reported to have said at a press conference last week.

According to Mr Pannier, the company's decision to run again in the privatization tender shows that it firmly believes that the government of Ukraine will be able to trade the mill openly and fairly.