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Soaring Australian Dollar Claims Manufacturing Victims | |
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August 22, 2011 Australia's strong currency struck a heavy blow to the nation's manufacturing industry on Monday when BlueScope Steel, its largest steelmaker, unveiled plans to shut half of its steel-making capacity, cease exports and slash 1,000 jobs. Source: http://www.cnbc.com/id/44224278?__source=RSS*tag*&par=RSS |
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