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Severstal says 20–25% of capacities in dead time

ST. PETERSBURG, Jun 17 (PRIME) -- The production capacities of steelmaker Severstal are 20–25% idle, CEO Alexei Shevelev said on Friday at the St. Petersburg International Economic Forum (SPIEF).

"Speaking about the risks, we are listening to positive rhetoric but see grave issues in the business. Speaking about Severstal, we lack 20–25% of loading," Shevelev said.

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17.06.2022 11:55