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11 Nov
08:40

ArcelorMittal grows Brazil revenue despite sequentially lower shipments

ArcelorMittal saw its performance in Brazil decelerate quarter-on-quarter in the third quarter, Kallanish learns from the company’s latest operating report. Crude steel production and sales, however, remain strong on-year. “The lower results observed in Brazil, as in all our production units, reflect weak demand, especially from the automotive industry,” the company comments. “The third-quarter production and sales slowdown are expected to …
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