| October 2008 |
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RTS and MICEX, the leading Russian stock exchanges, showed robust growth in Wednesday trading, with their benchmark indices climbing almost 12% and 14%, respectively. 
Russia's largest mining and metals company, Mechel, has signed a $300 million deal with China's Minmetals to build a steel mill at its plant in Chelyabinsk, the company said on Wednesday. 
Russian Prime Minister Vladimir Putin said Wednesday the Russian economy would not be subject to nationalization. 
RTS, a leading Russian stock exchange, showed robust growth in Wednesday trading, with its index climbing almost 12%. 
Gazprom Neft, the oil arm of energy giant Gazprom, said on Wednesday it had revised its 2008 oil output forecast down from 31.7 million tons (232 million barrels) to 31.2 million tons (229 million barrels). 
Iran is planning to manufacture over 50 Russian-designed Ka-32 helicopters under a production license, an Iranian aircraft industry official said on Wednesday. 
Iran will need an additional 20 An-140 turboprop aircraft to ensure effective patrols of its national borders, Iran's aircraft industry official said on Wednesday. 
A shareholder of Russia's state-run oil giant Rosneft has applied to the country's top prosecutors to probe the company's current contract for oil sales to China at below-market rates, Vedomosti said on Wednesday. 