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01 Jun
07:19

Mechel reports first-quarter domestic, CIS markets focus

Russian mining and steel company Mechel took advantage of favourable margins in CIS markets by redirecting shipments of rebar and other products there, according to company's operational results for the first quarter. Mechel's steel division operated smoothly ahead of scheduled equipment repairs during the summer, with production of pig iron and steel remaining fairly stable, down only 3% and 2% respectively compared to the previous year. However, the…
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