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With no money in steel- chinese steelmaker sells oilive oil and wine
March 11, 2011
A great slide from Hugh Hendry’s presentation that shows just how tough it is for steel companies to make money.
Hendry points out that because of this situation China’s Wuhan Oil and Steel has been forced to diversify to such an extent, that it’s now selling wine and olive oil.
Posted by Ed Cotton
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Influx Insights is the blog of BSSP's Influx Strategic Consulting Division. Up and running since 2004, the blog covers branding and the related areas of trends and technology.
