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Severstal to invest millions in Columbus plant

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COLUMBUS, Miss. (AP) — Severstal has announced it will invest $1.3 billion in its steel and mining operations worldwide with $43 million set aside for its rolled steel mill in Columbus, Miss. The company says in a news release that while it will spend most of its investments in 2013 on its Russian operations, $107 million will be invested in the United States. At Columbus, the company plans for...

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