Archive for August 1st, 2007
Arcelor-Mittal reports sharp profit gain but warns of slowdown ahead
Steel giant Arcelor-Mittal on Wednesday reported a sharp 34 percent surge in first half net earnings, attributed to rising steel demand, but warned of a slowdown in activity in the third quarter.
Arcelor-Mittal, created a year ago in the merger of European steel group Arcelor and Mittal Steel, said net profit in the January-June period came [...]
Posted: August 1st, 2007 under Steel International, Steel News.
Comments: none