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04 Jun
13:42

Severstal eyes increasing production, profitability with new strategy

Severstal has presented its Strategy 2024-2028 to maintain global leadership in efficiency and strengthen its position in the Russian market, the company tells Kallanish. The financial goal of the new strategy is to increase Ebitda by RUB 150 billion ($1.7 billion) by 2028, the enterprise claims. According to Severstal, it strives for leadership in energy-efficient technologies and digital projects, which will allow it to create a significant gap over competitor…
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