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ArcelorMittal Message Board

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  • brokeagain73 brokeagain73 Nov 12, 2012 12:50 PM Flag

    Steel is a bad industry to be in

    Not sure what you argument is here - is it the sector or the company you have an issue with? MT is still one of the most vertically integrated and profitable in the industry despite a few bad quarters and they are working to improve those margins. The industry as whole is ripe for consolidation as the weaker competitors fall further behind and this would only benefit MT and improve margins further.

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