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Weak mining demand impacts Sandvik profit

Cecilia Jamasmie | July 19, 2013 | 3:23 pm Australia Europe 

Stockholm-based Sandvik (STO:SAND), the world's largest maker of metal-cutting tools, joined competitor Atlas Copco in posting negative figures for its second quarter, triggered by lower demand from the mining industry, production rates, adverse currency effects and non-recurring charges. Net income...

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