ASSESSMENTS
Russia: The Kremlin and the Next Round of the Metals Wars
Jul 29, 2008 | 21:23 GMT
Summary
Russian Prime Minister Vladimir Putin publicly criticized metals giant Mechel, leading the company's stock prices to plummet July 29. Putin's statements have led to rumors that Mechel could go the way of Yukos — but more importantly, it shows a resumption of Russia's metals wars and indicates that the Kremlin is stepping in.
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