Russian coking coal and steel producer Mechel dismissed as erroneous a report by website AG ReDeal that it had purchased the Rostov Electrometallurgical Plant.
Mechel has not purchased this plant, a company spokeswoman wrote in an email on Wednesday.
The report stated that the plant had been purchased from a private investor, Vadim Varshavsky.
The Rostov plant has an annual capacity of 730,000 tonnes of steel, according to its website.
(Reporting By Alfred Kueppers, editing by Jane Baird)