UPDATE 2-China's Baosteel disappoints despite red-hot demand


(Adds details, analysts' comments) By Edwin Chan SHANGHAI, Oct 31 (Reuters) - Top Chinese steel maker Baosteel disappointed on Friday with an 18 percent jump in quarterly profit after a surprise charge, but analysts said sizzling car and construction demand will fire up earnings in the last quarter. Baosteel , which vies with Japan's Nippon Steel Corp and Korea's POSCO to supply an economy that grew 9.1 percent in the year to the third quarter, enjoyed resilient steel prices and a ...

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