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Tag Archives: Baoshan Steel Warns of Tougher Fourth Quarter After Profit Surge

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Baoshan Steel Warns of Tougher Fourth Quarter After Profit Surge

Fresh from reporting a doubling in profit, Baoshan Iron & Steel Co. (600019), China’s biggest publicly-traded steelmaker, cautioned of a tougher quarter ahead, reflecting the challenges facing an industry beset by overcapacity, a slowing domestic market and simmering trade tensions. ...

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