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ArcelorMittal Europe reports $79m operating profit

Julienne Bay | May 09, 2014 | 4:24 pm Asia Europe Iron Ore 

Steel giant ArcelorMittal Europe (NYSE:MT) announced Friday positive financial results as net loss narrowed during the first quarter at $205 million, but the company expressed  "cautious optimism" for the rest of 2014. The European segment of Luxembourg-based global steel and mining company...

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