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Thursday, June 18, 2009

Fitch sees tough times for Russian steel industry

Fitch Ratings expects the Russian steel industry to continue to face challenges for the reminder of 2009, such as soft domestic demand and depressed prices, although their impact will vary across companies.

Fitch noted that “The operating and financial performance of Russian steel

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http://www.steelguru.com/news/index/2009/06/18/OTg4NTM%3D/Fitch_sees_tough_times_for_Russian_steel_industry.html

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