Arcelor plany's 30% cut in output updates news aggregator

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the company predicted that global demand for stainless steel would remain unchanged during 22.009 .

arcelor mittal also reported a 29% rise in third-quarter profits to $3.8bn (Â2.4bn), below analysts' forecasts .

arcelor mittal, the world's largest steelmaker, is to cut output by 30% in the four growth quarter, twice the reduction previously planned .

Generated 2008-11-7_8:0

http://news.bbc.co.uk/go/rss/-/1/hi/business/7710525.stm
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