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By John Helmer in Moscow In a report issued this week, Troika Dialog, a Moscow investment bank, warns that a combination of operating financial risks, debt problems, and new coalmine costs will impact negatively on Mechel, the fifth-ranked Russian steelmaker and leading coking-coal producer. The report comes after last week’s trading on the Moscow stock […]
by John Helmer - Tuesday, December 30th, 2008
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By John Helmer in Moscow Russia’s leading mining company, and one of the leading suppliers of nickel to China’s stainless steelmills, may be facing further revenue and profit cuts in 2009, as the international nickel price continues to fall, and inventories of the metal grow. However, political intervention by the Kremlin has ended a hostile […]
by John Helmer - Tuesday, December 30th, 2008
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