KIEV, Jan. 21 - Metinvest, which brings together the iron ore and steel making assets of Ukraine's Donetsk-based System Capital Management (SCM), has obtained clearance from European Union anti-monopoly regulators to acquire controlling stakes in steel plate producers Trametal SpA of Italy and Britain's Spartan UK Ltd.

Metinvest said in a press release on Monday that the European Commission had deemed that the acquisitions "conform to general market principles and to the agreement on the European Economic Area (EEA)."