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ELG Haniel reports plunge in earnings

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(D) - ELG Haniel GmbH ended the business year 2001 with a loss. The company, which is active in stainless steel recycling and trading, recorded a loss in earnings from ordinary business activities to the tune of €4m. In 2000, ELG Haniel recorded income of €57m. Following a boom in 2000, the stainless steel market ...

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