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Ukrainian Metal

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Russia: Nornickel wants budget support for housing and ice class ships

Russian metals giant Norilsk Nickel has suggested the government cover 50% of spending on 85-billion ruble renovation of housing in the city of Norilsk, and subsidize construction of ice-class ships and upgrade of port infrastructure. Sources said that the Industry and Trade Ministry had preliminarily approved the company’s request for state support, the majority of…