The Business Times
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Steelmakers hard hit by China slowdown, falling prices

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Published Thu, Jul 30, 2015 · 09:50 PM

    Tokyo

    THERE'S trouble in steel town.

    Asia's largest steelmaker forecast the first drop in full year earnings in three years just hours after US Steel Corp reported a quarterly loss, adding to signs that mills worldwide are facing challenges from lower prices and record Chinese exports.

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