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Valin Steel not sure of turnaround
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Thursday, 01 Dec 2011
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The always-at-loss Valin Steel is questioned whether it could get out of the red this year or not. This company posts recently, that it is of great pressure for Valin to turnaround this year, and it is not sure that Valin can get rid of the deficit.

The aggregate loss for Valin Steel during Jan.-Sep. this year amounts to CNY 173 million.

(Source: www.steelhome.cn/en)
China steel information centre and industry database

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