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[Ferro-alloys.com] It is reported that Japanese Osaka steel said the company planned to buy Tokyo steel at ￥630 per share. Tokyo steel’s stocks are trading at ￥380-420 per share this year so far.

Meanwhile, its market capitalization was about ￥70~80 billion and Osaka steel expected its premium ranges were between 50 and 65% as reported said.

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• [Editor:Chen Lian Hai]