(AFP)
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6 hours ago
MUMBAI — India's Tata Steel, the world's seventh-largest steel maker, said Tuesday its consolidated quarterly profit more than doubled as demand grew, but lagged behind forecasts as raw material prices rose.It said net profit rose to 10.03 billion rupees ($222 million) for the three months to December, from 4.72 billion rupees in the same period a year earlier.The earnings however failed to live up to the forecasts of analysts who expected the company to show a profit
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