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13 Nov
00:00

Slovak mini-mill further postpones restart, no buyer yet of firm's debt

Long steelmaker Slovakia Steel Mills (SSM) has further prolonged its production stoppage, which began in August, according to local press reports. The company initially said it would restart output in September. Although the company did not specify the reasons for the stoppage, it is widely known that SSM has been suffering from financial difficulties this year. The Czech Export Bank has a €168 million ($209.5m) claim against the producer and issued a t…
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