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UPDATE 1-Nippon Steel raises profit forecast on cost cuts, 'Abenomics' impact

2013-10-30 15:00:16| Steel - Topix.net

Nippon Steel & Sumitomo Metal Corp , the world's No.2 steelmaker, raised its full-year profit forecast by 13 percent on Wednesday on cost cuts and strong steel demand in Japan, lifted by the Abenomics stimulus programme.

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