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Heavily indebted Chinese listed mills whitewash 2013 financial reports with acco
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Date:[5/4/2014] Source：Shandong Hai Steel Co.,Ltd
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Heavily indebted Chinese listed mills whitewash 2013 financial reports with accounting tricks
China's long-floundering steel sector seemed to be walking out of the trough as 19 of the 28 mills which have disclosed their financial reports for 2013 reported positive net profits while only three said they made a loss, in contrast to the prior year's situation that ten mills were in the red.
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