Arcolormittal lost 92% of profit this year

The largest steel company ArcelorMittal has missed more than two billion dollars of net profit or 92% of last year's indicators. In the current report of the giant of world metallurgy in the column, the net profit costs 261 million dollars, while in 2011 there was much more, namely 3 billion 263 million dollars.

The sales volume of the ARCELORMITAL concern fell by 10% to 64 billion 904 million dollars against 71 billion 524 million last year. In the third quarter of this year, the company's net losses amounted to $ 709 million against net profit last year of $ 659 million. Sales in the third quarter fell by almost 20% and amounted to 19 billion 723 million dollars.

The reporting data published by Arcelormittal turned out to be much worse than previously expected. So, according to the most pessimistic forecasts, the concern did not exceed $ 193 million, but in fact it was at 709 million dollars.

The ARCELORMITTAL metallurgical giant was created in August 2006 by merging the Luxembourg company Arcelor and the Indian Mittal Steel, controlled by Indus Lakshmi Mittalo. The merger of Arcelor and Mittal Steel made it possible to create a united corporation, which currently controls about 8% of the global steel market.






LLC LLC LLAVUD offers buy a lining from the warehouse of an enterprise in the city of St. Petersburg. EVERENTS WASHING INFORMATION OF THE PROBLEMING WORK Material. The heat and sound insulation properties of wooden casing are widely known, and the lining has another indisputable advantage. This advantage over other finishing materials is the magnificent appearance of the material itself. Low prices and a pleasant service are guaranteed.