Thursday, May 24, 2007

Russian steel giant to invest in Turkey

"Russian steel giant to invest in Turkey
One of Russia's largest steel producers, Magnitogorsk Iron & Steel Works (MMK) -- known in Turkey for its interest in the privatization of Erdemir Iron & Steel Corp. -- will produce flat steel in the south Anatolian city of İskenderun as part of a joint initiative with coal importer Atakaş Group."

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