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Mittal Steel to invest $1.2 bln to upgrade its Ukrainian company
Journal Staff Report

KIEV, Mar. 3 ??“ Mittal Steel Kryviy Rih, Ukraine??™s largest steel maker, is to invest $1.2 bln in its reconstruction by 2010 and will boost steel output by 43% in the period, an official said.

Narendra Chaudhary, who manages the company, said the investment program aims to make the company more efficient and to cut consumption of natural gas.




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