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ArcelorMittal cuts profit expectations for 2015 amid steel glut

Cecilia Jamasmie | May 07, 2015 | 5:29 am Energy Africa Asia Europe Latin America Coal Iron Ore 

[caption id="attachment_824305" align="aligncenter" width="600"] Weakness in the United States was fully offset, however, by a better performing European business, said the company.[/caption] World’s leading steel producer ArcelorMittal (NYSE:MT) has cut its 2015 earnings target amid growing competition from Chinese and...

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