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Moravia Steel, Třinecké železárny will not submit binding bid for ArcelorMittal Ostrava

Neither Moravia Steel nor its subsidiary Třinecké železárny will submit a binding offer to purchase the rival steelworks ArcelorMittal Ostrava. A Třinecké železárny spokesperson said on Wednesday that the decision had been made after “careful analysis and consideration of all aspects” of a potential…
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