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13.07.2015 10:16:00
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POSCO -- Moody's: Asian steel industry outlook negative on declining profits and growing supply glut
Hong Kong, July 13, 2015 -- Moody's Investors Service has changed its outlook for the Asian steel industry to negative from stable on 13 July, reflecting steelmakers' declining profitability amid a growing supply glut. The outlook had been stable since August 2014, when it was changed from negative.
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