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Outokumpu sees improved 2003 after fourth-quarter loss

DESPITE a weak fourth quarter Outokumpu's 2002 profit rose 45% to 213 million euros (US$228 million) thanks to a strong start to the year.

Rebecca Keenan
Outokumpu sees improved 2003 after fourth-quarter loss

The Finnish metals group reported a loss for the December period of EUR12 million compared to a profit of EUR25 million a year ago due to flagging non-ferrous metals prices and delayed deliveries. The...

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