ArcelorMittal sees H1 pick-up after weak end to 2011
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Last Updated: Tue, Feb 07, 2012 12:06 hrs
ArcelorMittal, the world's largest steelmaker, forecast on Tuesday an improvement of earnings in the first half of 2012 after a weak end to last year, with a pick-up of steel shipments and further cost control.
If the Chinese were to buy Australia....
The company, which makes around 7 percent of global steel, said its core profit (EBITDA) in the fourth quarter fell 29 percent to $1.71 billion, roughly in line with the average foreast in a Reuters poll.
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