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11 Aug
21:37

US market participants react to Evraz sale

Increasing sanctions and declining profit margins for Russian miner and steelmaker Evraz have forced the company to look into selling its North American operations. Sources tell Kallanish that the sale of the continent's largest producer of rail products stands to shake up several long steel markets, including the markets for rail, wire rod, and rebar. "The sale of Evraz' North American operations will have an impact on the domest…
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