Friday, November 6, 2015

ArcelorMittal Loss Worse Than Expected

Steel giant ArcelorMittal lowered its guidance and capital expenditure plans after swinging to a bigger-than-expected loss in the third-quarter, hit by increased competition from steel imports, particularly China, that are taking its toll on steelmakers across the globe.

from WSJ.com: US Business http://ift.tt/1SuN5QC
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