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11 Apr
17:03

Severstal will not report first-quarter financials

Russia’s Severstal says it will not publish its financial performance for the first quarter. This is because "a significant part of shareholders is unable to make investment decisions, and such a disclosure can put some stakeholders into an advantageous position in relation to the others," the company says in a London Stock Exchange note forwarded to Kallanish. The firm will inform additionally about its operational performance in due co…
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