Kobe Steel seeks loans to counter scandal’s hit

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Scandal-hit Kobe Steel, Japan’s third-largest steelmaker, seeks a $440 million bank loan and pulls its forecast for the first annual profit in 3 years. Silvia Antonioli reports.

Kobe Steel seeks loans to counter scandal’s hit

Tags : Pulls profit forecast, Pulls profit forecastseeks loans, scandal, Kobe steel, Japanese steel, Affected clients, Seeks loans

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