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POSCO allies with SeAh in proxy war against Hyundai Steel

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    Fascinating twist unfolding I think. SP will smash through .30 this week

    http://www.koreatimes.co.kr/www/news/biz/2014/08/123_163066.html

    'POSCO is moving to prevent any further rise of Hyundai Steel, an affiliate of the Hyundai-Kia motor group, and has found an ally in SeAh Besteel to boost its efforts, according to some analysts.'
 
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