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ArcelorMittal Q1 net income shrinks 66% to $0.4 bn; says profitability hit by lower pricing, global overcapacity
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ArcelorMittal Q1 net income shrinks 66% to $0.4 bn; says profitability hit by lower pricing, global overcapacity

The world's largest steel-maker had posted a net income of $1.2 billion in the year-ago quarter, ArcelorMittal said in a statement.