ArcelorMittal SA (MT)reported a net loss of $205 million, or a loss of $0.12 per share, better than the net loss of $345 million, or loss of $0.21 per share for the same quarter last year.
Total revenue for the world’s largest steelmaker was unchanged at $19.8 billion, missing Cap IQ estimates of $20.0 billion.
American Depository Receipts (ADRs) of MT last traded at $15.70, just shy of its 200-day moving average at $15.61.
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