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04 Jan
16:34

Severstal denies Russian flats market antitrust accusation

Severstal tells Kallanish it believes last week’s ruling by Russian competition authority FAS that Russian steel majors have been maintaining monopolistically high prices for hot rolled flat products in the domestic market is “biased and contrary to the law”. The steelmaker says it is carefully studying the preliminary FAS conclusion. It denies that prices for its flat rolled products in the Russian domestic market were higher than those "ab…
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