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China's top steelmakers bounce back to profit after price rally

Thu, Sep 01, 2016 - 5:50 AM

Shanghai

CHINA'S top steelmakers posted gains in first-half profit as a surprise rebound in prices lifted earnings, with the biggest producer Hesteel Co Ltd recording its best six months since 2011.

Hesteel, the listed unit of China's biggest steel mill by output, said that net...

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