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. Last Updated: 07/27/2016

Steel Group Formed

n MOSCOW () --Russia's Tokobank and two steel-sector companies have set up Tokosteel holding group to invest in iron and steel in CIS countries, Tokobank said Monday.

Industry participants in the group, which will raise medium- and long-term credits from international financial institutions, are the Lebedinsky ore-enriching company and the Steeltex Group.