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28 Feb
14:37

Evraz takes prudent approach to capital expenditure: ceo

Vertically integrated steelmaker and miner Evraz says it is maintaining its highly flexible approach to capital expenditure in 2020, due to the large level of volatility and uncertainty in the market. The primarily long products producer is preparing detailed engineering for its planned venture into the flat steel market, a 2.5 million tonnes/year endless casting and rolling mill. Although the equipment supplier, Danieli, has already been chosen (see Kallanis…
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