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22/08/2011 - 08:45

BlueScope to cut 1,000 jobs, shares plunge

22/08/2011 - 08:45

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BlueScope Steel will close two of its production facilities and cut 1,000 jobs as part of a restructure aimed at returning it to profitability.Shares in the steel maker plunged almost 10 per cent to their lowest ever after the company reported a more than $1 billion loss.

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