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Saturday, November 21, 2009 5:55 AM

Published 03/19/2009 by HUGIN Online


Rautaruukki expects to post clearly negative result for first quarter of 2009 due to weak demand for steel products

Prices of the main raw materials used in steel production are still high, even though they are expected to fall significantly towards the end of the year. The low capacity utilisation rate in steel production considerably increases the fixed costs per unit of steel produced..

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