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Russian mining/steel/power giant Mechel (MTL) up 16.1% after Prime Minister Vladimir Putin...
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Thursday, September 3, 2009, 12:24 PM ETRussian mining/steel/power giant Mechel (MTL) up 16.1% after Prime Minister Vladimir Putin arranges government support, including urging state banks to buy $313M of the company's bonds and setting potential tax breaks for a coal deposit development that could be Russia's largest. The firm already had debts of $5.8B as of March.
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