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ArcelorMittal Q3 falls short of forecasts... | |
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Submitted by admin on Wednesday, November 5, 2008 - 11:05 | |
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BRUSSELS: ArcelorMittal, the world's largest steelmaker, forecast a weaker final quarter, increased production cuts and put growth plans on hold after it announced third-quarter results missed forecasts, sending its shares down 12 percent in early trading. The company announced on Wednesday a series of measures, including temporary output cuts of 30 percent, from an initial 15 percent, a... |
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