MOSCOW, Jan. 17 - Russia's Magnitogorsk Iron & Steel Works (MMK) and Ukraine's Industrial Union of Donbas are among five short-listed bidders for a Jan. 31 tender for 75% of Pakistan Steel Mills Corporation (PSMC), Pakistan's Privatization and Investment Ministry said.

MMK is short-listed as bidding on its own. The ministry said that International Industries Ltd (Pakistan) would partner Ukraine's Donbas in the tender. It said the short-list also includes a consortium of Saudi Arabia's Al-Tuwairqi Group and Pakistan's Arif Habib Group; the Government of Ras Al Khaimah (UAE); and Noor Financial Investment Company (Kuwait).