Steelmaker ArcelorMittal suffers $7.9 bn annual loss

GMT 08:12 2016 Friday ,05 February

Arab Today, arab today Steelmaker ArcelorMittal suffers $7.9 bn annual loss

ArcelorMittal
Paris - Arab Today

ArcelorMittal reported Friday a net loss of almost $8.0 billion (7.1 billion euros) for 2015, as the world's largest steelmaker was pummelled by falling commodity prices.

The results compared to a loss of $1.86 billion a year earlier.

 
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