Monday, October 31, 2005

Dofasco profit falls 95 pct on weaker prices

These guys are about an hour away from us here in Toronto, so we follow them a little more closely than we do other steel companies.
Reuters.com
Steelmaker Dofasco Inc. said on Monday its third-quarter profit slumped 95 percent, much lower than analysts expected, dragged down by weaker steel prices and a stronger Canadian dollar.

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