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Swedish steelmaker SSAB's Q2 profit soars

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24 July 2008 @ 05:09 am EST
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Swedish specialty steelmaker SSAB reported second-quarter pretax profit above market expectations on Thursday and said the global steel market showed no sign of flagging.

Demand for steel has soared in recent years, driven in part by rocketing development in China and India, and is expected to increase nearly 7...

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