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Today's paper. Last Updated: 02/08/2012

Putin Starts Mechel Smelter

Mechel on Tuesday started an electric steel smelter with an annual capacity of 300,000 metric tons at its Izhstal unit during a visit by Prime Minister Vladimir Putin. Mechel’s Izhstal unit will boost production 37 percent to 465,000 tons of steel products by 2012, the company said.

(Bloomberg)




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