Arcelor makes Q2 net income of $1.7 billion

Wednesday, July 28, 2010 - 06:28 in Mathematics & Economics

By ROBERT WIELAARD 2010-07-28T07:49:06Z BRUSSELS, Belgium (AP) -- ArcelorMittal SA, the world's biggest steelmaker, said Wednesday that a jump in sales and prices helped it generate net income of $1.7 billion in the second quarter, up from a loss a year earlier, and that it intends to sell its stainless steel unit....

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