August 13, 2009 GEORGE FREY (AP Business Writer) FRANKFURT (AP) — German steelmaker Salzgitter AG on Thursday reported a second quarter net loss as the global cut into sales of machinery and cars, curbing demand for the company's products. The Salzgitter-based company said it lost €91 million ($129 million) in the April-June period, compared with a net profit of €242 million in the year-ago quarter. Sales for the period fell to €1.93 billion ($2.73 billion) from €3.33 billion in the second...
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