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17 Jun
16:03

Novostal-M builds new mill for Russian market, exports

Russia’s Novostal-M holding, which includes the Abinsk (AEMZ) and MZ Balakovo, will build a new steelworks in the Kingisepp district, according to the Leningrad Region government press service. The investor's intentions were confirmed at the St. Petersburg International Economic Forum last week by a cooperation agreement between Leningrad region governor Alexander Drozdenko and Novostal-M chairman Ivan Demchenko. The planned output of rolled products is…
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