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By John Helmer in Moscow Russia’s Prime Minister Vladimir Putin has requested that the Federal Antimonopoly Service (FAS) open an investigation of price rigging in the domestic sale of steel products. It is the first direct intervention by the prime minister against the profit-taking by oligarch-owned companies since August of 2008, when his last, if […]
by John Helmer - Tuesday, April 6th, 2010
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In 1855, the English photographer Roger Fenton took these photographs of what the invading British Army called Cossack Bay, at Balaclava, during the Crimean War (in Russian, the Oriental War). By John Helmer in Moscow Russia’s Transport Minister Igor Levitin reported a huge number last month, which, if true, would mean that Russian shipbuilding is […]
by Editor - Tuesday, April 6th, 2010
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By John Helmer in Moscow If Alexei Mordashov (right figure), owner of the Severstal steelmaking and mining group, has genuinely decided to let the stock markets lift the share value of High River Gold (ticker HRG:CN), then delaying the public release of the company’s financials and blaming the auditor are a funny way of going […]
by John Helmer - Monday, April 5th, 2010
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September 24, 1950-April 3, 1988
by John Helmer - Friday, April 2nd, 2010
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By John Helmer in Moscow The Evraz Group, Russia largest steelmaker, has started a $440 million project to reconstruct the Novokuznetsk Metallurgical Combine (NKMK) mill to produce 25-metre and 100-metre rails for high-speed railway lines being built in Russia. A company announcement says the new mill at Novokuznetsk city, in the Kemerovo region, will be […]
by John Helmer - Friday, April 2nd, 2010
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