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09 Mar
11:26

Yildirim declares force majeure at Russia ferroalloy plant

Yildirim Group has declared force majeure at its Tikhvin ferroalloy plant in Russia, the company confirms to Kallanish. “The main reason is that we faced logistical problems while transporting products from the Tikhvin plant to Europe,” a spokesman of the enterprise says. “There are no new bookings and exporting from Russian territory is not possible at the moment. Of course, nobody knows how long this will continue.” This comes after majo…
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