Mittal's earnings fall 64% on drop in steel demand

Article Abstract:

Mittal Steel Company N.V. of the Netherlands posted a third quarter 64 percent drop in profit to $478 million down from $1.33 billion a year earlier. Sales have decreased and selling prices were down in several markets. Mittal Steel Company N.V. is the largest steelmaker in the world by production.

Netherlands, Mittal Steel Company N.V.

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U.S. Steel's profit drops 70%, hurt by energy costs

Article Abstract:

United States Steel Corp. posted a decrease of 70 percent in net income for a total of $107 million although there were strong sales and income. Reasons include several infrastructure repairs to furnaces and higher costs for natural gas.

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U.S. Steel leans on Europe to bolster profit

Article Abstract:

First-quarter net profit for U.S. Steel Corp. rose by 6.6%, helped along by stronger demand, increased imports, and higher prices in the European market and offsetting slow growth in the American market.

Europe, Financial report

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