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UPDATE 1-JFE sees 4 pct profit rise in current year, books loss on coal mines

2014-07-30 18:28:07| Steel - Topix.net

JFE Holdings Inc, Japan's No.2 steelmaker, forecast a 3.6 percent rise in recurring profit for the fiscal year through March on higher margins, though it booked a loss on the sale of a stake in its Australian coal mines, hit by coal prices at near five-year lows.

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