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  • Gross profit from forged rolled rings and related products segment was $7,089,000 for 2012 as compared to $9,377,000 for 2011, representing gross margins of approximately 22.2% and 24.8%, respectively.???The decrease in our gross margin for the forged rolled rings and related products segment for 2012 as compared to 2011 was mainly attributed to the decline in operational and cost efficiencies, in
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