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Metal prices sting Sedgman but coal hope remains

FALLING metal prices hurt Sedgman during the second half of 2008 with the company posting a net a...

Angie Tomlinson
Metal prices sting Sedgman but coal hope remains

The loss was primarily due to a $20 million write-down of goodwill associated with its metal engineering arm Intermet and providing for $3.7 million of doubtful debt. “The current subdued trading conditions...

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