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China Daily | Updated: 2008-08-19 08:20

Profit rises

BlueScope Steel Ltd, Australia's largest steelmaker, said second-half profit increased 61 percent because of higher prices for its products.

Net income increased to A$480 million ($417 million) for the six months ended June 30 from A$298 million a year ago, the Melbourne-based company said.

IN BRIEF (Page 20)

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