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21 Apr
14:31

Amurstal denies rumours of acquisition by Chinese investors

Russian Far Eastern steelmaker Amurstal has denied reports on the internet that it intends to sell its steelworks to Chinese investors. “This information does not correspond to reality,” says Amurstal general director Grigory Freydin. “This is speculation and the fruit of the inflamed imagination of the person who disseminates this information.” The owners of the plant have already invested more than RUB 1.5 billion ($19.6 million) in the …
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