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15 Nov
06:07

CSP drags on Dongkuk results

South Korea’s Dongkuk Steel Mill saw its third-quarter losses deepen due to losses incurred by its Brazilian slab investment and a jump in financial costs. At its own operations revenue fell but operating profit improved, Kallanish notes. The company’s production and sales volumes have slowed. Production of rebar, sections, cold rolled coil, colour-coated coil and plate combined fell -5.48% from the previous quarter and -5.34% year-on-year …
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