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ArcelorMittal Message Board

  • bs572 bs572 Feb 15, 2013 11:15 AM Flag

    Overpaid -- Write downs yet to come.

    Over $20bn write downs may be expected in the next two years . This will enable them to create a tax loss which will be offset against earnings for over 5 yeras.

    Tthe owners seem to be depressed about taking a writr down of capital assets and avoid the spot light.

 
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