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Valin Steel forecasts Q1 losses
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Date:[4/29/2010] Source:Shandong Hai Steel Co.,Ltd
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Valin Steel forecasts Q1 losses
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Valin Steel estimated a loss of 260 million to 290 million yuan in the first quarter of this year citing soaring raw materials costs. Growth of raw material costs far outpaced that of finished steel during the period. |
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