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13 Oct
09:32

Metinvest focuses on alternative raw materials, capex

In the second half of 2017 Metinvest is focusing on securing raw materials suppliers in order to operate without disruption, and on implementing its capital expenditure programme. This comes after the Ukrainian steelmaker managed to secure third-party billet supply for its Bulgarian re-roller to replace sourcing from Yenakiieve Steel, seized by separatists in March. Moreover, the firm has increased capacity at its US mines and sourced third-party coal from Austr…
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