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04.11.2011 ArcelorMittal admits price reductions in fourth quater


The biggest metal company expects drop in sales in 4Q2011 comparing to 2Q2011 against the background of global uncertainty inducing wait-and-see customers’ attitude.

Furthermore, the company plans increasing its own production of both iron ore by 10 per cent and coking coal — by 20 per cent.


Source:   metcoal.ru