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Russian Severstal sells its steel cable manufacture to Teufelberger Wirerope

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Russian Severstal sells its steel cable manufacture to Teufelberger Wirerope

Severstal, one of the largest steel companies in Russia, announced that its subsidiary Severstal-metiz, which includes metalware assets of Severstal, had closed a transaction for the sale of steel wire rope manufacturer Redaelli Tecna S. p. A. for €50 million.


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