Asian economic crises and falling prices drive ELG Haniel into the red

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Turnover falls 39 per cent / Pre-tax results negative for the first time (D) - The steep drop in raw material prices for nickel, chromium and iron as well as the fall in scrap demand resulting from the Asian economic crisis have been the backdrop to the worst ever business year for ELG Haniel GmbH, Duisburg. Part of ...

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