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SCM sticks with Azovstal investment plans

SCM sticks with Azovstal investment plans

31 October 2008

SCM’s Head of Investor Relations Jock Mendoza-Wilson told a Donetsk Investment Summit yesterday that, although it would delay the timetable, SCM is holding to its USD 5 bln ten-year investment plan at Azovstal (AZST), despite the global financial crisis. Mendoza-Wilson said that SCM believes Ukraine offers competitive advantages to other regions of the world.

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