China Steel reports 55% slump in pretax profit - Taipei Times

China Steel Corp (CSC, 中鋼), the nation’s biggest steelmaker, yesterday reported a 55 percent month-on-month slump in pretax profit for last month, as sliding steel demand in Asia drove lower gross profit.Pretax profit dipped to NT$655 million (US$20.52 million) from a 47-month high of NT$1.47 billio

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