Monday, June 11, 2007

Arcelor Mittal looks to improve U.S. profitability

(Reuters) - "Shipments are about 20 percent of our company's, and
profits are about 10 percent -- about half of what we believe
we can earn," Chief Financial Officer Aditya Mittal told a JP
Morgan industry conference.




Mittal blamed industry trends in the United States for
lower profitability there.


Read more at Reuters.com Market News

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