It is reported that Valin Iron & Steel Co Ltd expected it would loss CNY 260 million to CNY 290 million during January to March 2010.
The company showed its Q1 deficit was mainly attributed to the price jump in raw material price in the first three months, when price rise of steel products
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Monday, April 19, 2010
Valin Steel expects CNY 260 million to CNY 290 million of loss in Q1
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