MOSCOW, Sept. 11 - The Evraz Group has closed the second stage in the acquisition of a number of Ukraine-based assets, the Russian steel company said.

Evraz has issued 4,195,150 new shares in favor of its core shareholder, Lanebrook Limited, in exchange for 48.6% of Palmrose Limited, which owns 99.25% of iron ore producer Sukha Balka, 95.57% of Dnipropetrovsk Iron and Steel Works and shareholdings in three coking plants: 94.37% of Bagley Coke, 98.65% of Dnipropetrovsk Coke and 93.86% of shares outstanding of Dniprodzerzhynsk Coke.