Thursday February 23, 2012

Nippon Steel suffers loss, sees full-year break-even

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Nippon Steel will become the world's second-largest steel firm in October, after merger with Sumitomo Metal Industries AFP

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    Serrano

    "Nippon Steel's group net loss... mainly due to its shareholdings in other firms falling in value"

    So Nippon Steel's core business is still making money. So are they going to fire the clowns who made bad investments with company money?

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