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ArcelorMittal says profits in steel getting more difficult


© AFP/File | Chairman of the Board of Directors and CEO of ArcelorMittal, Lakshmi Mittal

PARIS (AFP) – Global steel giant ArcelorMittal said Tuesday it earned a net profit of $700 million (633 million euros) last quarter, but warned low prices in the United States and rising input costs would squeeze future earnings. 314 more words

We are beginning to see the benefits of global consolidation. – Lakshmi Mittal http://dlvr.it/KgHQ1Y