Sumitomo Metal Widens Loss Forecast on Seamless Pipes (Update1) (Bloomberg)

July 30th, 2009 | Category: Metal Detectors

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July 30 (Bloomberg) — Sumitomo Metal Industries Ltd. , Japans third-biggest steelmaker, more than doubled its forecast for a loss this fiscal year because of a delayed recovery in export markets for pipes used in oil and gas production.

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This entry was posted on 30.July 2009 at 05:45 and was filed under Metal Detectors. You can leave a response, or trackback from your own site.

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