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Wednesday November 29, 5:10 PMRussia steel plant fire kills 6, production intactYEKATERINBURG, Russia, Nov 29 (Reuters) - An extensive fire at Russia's largest standalone steel plant, Magnitogorsk or MMK , killed six people, the emergency ministry said on Wednesday. Production was not affected."We have found six dead, the bodies of two people have now been pulled out from under the rubble," a regional spokeswoman for the ministry said, adding that eight people had been injured or burnt in the fire. The blaze erupted at the plant at 7.30 p.m. on Tuesday and was extinguished almost 12 hours later. The plant, which produced 11.4 million tonnes of crude steel last year, will not halt production after the fire, MMK executive director Gennady Senichev said. "(The workshop) has enough pre-prepared material and unfinished products, which will ensure continuous work ... while the consequences of the accident are being dealt with," Senichev said, according to MMK press service. Senichev said MMK had worked out an action plan which "will help minimise negative economic consequences". MMK spokeswoman Elena Azovtseva said the financial damage from the fire was not yet known. MMK, located in the southern Ural mountains, posted a net profit of $947 million in 2005. It had been due to place 2 percent of its shares on Moscow's MICEX exchange in July but delayed the placement indefinitely. The city of Magnitogorosk, developed under Soviet dictator Joseph Stalin in the 1930s, was a showcase of Soviet economic might and still has one of the largest steel and iron works in Russia. |
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