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Wuhan Iron net declines 30%

By Wang Ying | China Daily | Updated: 2009-04-21 08:02

Wuhan Iron net declines 30%

Steel products ready for shipping at a Wuhan Iron & Steel plant. CFP

SHANGHAI: Wuhan Iron & Steel Co, China's fifth-largest steel maker by market value, enjoys a slight advantage over its more powerful competitors in that the demand of its higher value-added core product, silicon steel, has remained steady amid the general downturn.

Wuhan Iron net declines 30%

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