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01 Dec
15:21

ISD Dunaferr requires capex for long-term competitiveness

ISD Dunaferr requires more capital expenditure to improve quality, reliability and efficiency of production, as well as address environmental issues, in order to ensure its long-term operation. So says the firm’s managing director, Evgeny Tankilevich. The short-term survival of the Hungarian flat steelmaker subsidiary of Ukraine’s Industrial Union of Donbass (ISD), however, is assured. This is because “… previous restructuring efforts ar…
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