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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| ArcelorMittal | EU:MT | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.54 | -2.49% | 21.12 | 21.10 | 21.18 | 21.51 | 20.56 | 21.50 | 3,931,352 | 16:40:00 |
From Jul 2019 to Jul 2024
Shares of raw-materials companies fell after another hefty loss reported by a metals giant. ArcelorMittal, the world's largest steelmaker, said Friday it would issue $3 billion in shares to strengthen its balance sheet after its fourth-quarter loss ballooned to $6.7 billion in the quarter from just under $1 billion a year earlier. Quarterly revenue sank 25% to $14 billion, as falling prices of iron ore and steel hammered its performance. Impairment charges of $4.8 billion largely related to its iron-ore operations led to a full-year loss of $7.9 billion.
-By Rob Curran, rob.curran@dowjones.com
(END) Dow Jones Newswires
February 05, 2016 16:15 ET (21:15 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year ArcelorMittal Chart |
1 Month ArcelorMittal Chart |
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