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Steel industry’s outlook gloomy on slower growth

Posted on 27 October 2010

From AFP: The steel industry’s outlook has dimmed with the unevenness of the global economy. Sales have dropped along with prices while costs have risen, leaving companies pessimistic about the rest of the year.
Two of the world’s biggest steel manufacturers turned in third-quarter performances on Tuesday that demonstrated how much expectations have changed since mid-year as many countries and regions fail to generate significant economic growth……………………………………….Full Article: Source


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