Russia's Severstal Third Quarter Earnings Soar

Russian steelmaker OAO Severstal on Tuesday said third-quarter earnings more than tripled but cautioned that it is cutting output in half because of reduced demand...

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Source: Wall Street Journal

Ukraine’s billionaires steel themselves

Just like his Russian counterparts, Ukranian steel billionaire Rinat Akhmetov is feeling the pinch of the global financial crisis...

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Source: Financial Times