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27 Jun
14:30

MMK will not suspend investments amid sanctions

Russian steelmaker MMK will not suspend its capital investment programme due to decreased exports amid Western sanctions against Russia, contrary to some media reports, it tells Kallanish. “We are conducting investment programmes today; we have moved to the first [investment] phase,” MMK chairman Viktor Rashnikov said last Friday at a meeting of the Union of Industrialists and Entrepreneurs of the Chelyabinsk region. “Today, Chinese companies, in…
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