| From Etfdb.com: The world’s largest steelmaker by volume posted better-than-expected third quarter net income on Wednesday, even though the results were well below year-ago levels as demand for steel continues to be weak.
Luxembourg-based ArcelorMittal reported a net profit of $903 million, crushing analyst estimates for a loss of about $50 million. But a significant portion of the profit was attributable to a one-time tax benefit, and EBITDA came in slightly lower than expected by analysts...........................Full Article: Source
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