Wednesday, October 26, 2011

Japan steel firms cut outlook as market deteriorates (Reuters)

Reuters - Japan's top steelmakers Nippon Steel Corp and JFE Holdings Inc slashed full-year profit outlook by 20 percent, hit by a rapid deterioration in Asia's steel market, after booking about 50 percent fall in quarterly earnings.

Source: http://us.rd.yahoo.com/dailynews/rss/japan/*http://news.yahoo.com/s/nm/20111026/wl_nm/us_nipponsteel

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