By Pierre Bertrand ArcelorMittal, the Luxembourg-based steelmaker, announced a decrease in second-quarter earnings due to a decline in steel shipments and lower average steel selling prices. The company reported $1.86 billion in net profit for the quarter, a significant decrease from the prior year's $3.92 billion, with revenue falling by 16% to $18.61 billion. Earnings before … [Read more...] about ArcelorMittal Reports Lower Q2 Earnings
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