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04 Aug
11:53

Kametstal could stop production, urges Ukrainian state help

Metinvest’s Kametstal steelworks has turned to Ukrainian Prime Minister Denis Shmyhal with a request for state support, Kallanish notes. The enterprise is operating at low capacity utilisation due to difficulties with logistics and falling world prices for metal products, it claims. “Our resources will only be enough for three months of production, but if measures are not taken to stimulate output, work at the plant will be suspended,” the firm …
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