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More on ArcelorMittal (MT) Q3: net loss $709M vs profit of $659M last year and consensus for a...

More on ArcelorMittal (MT) Q3: net loss $709M vs profit of $659M last year and consensus for a $230M loss, with profitability falling across all divisions as global slowdown, and China in particular, takes it toll. EBITDA -45% to $1.34B vs consensus $1.29B. Forecasts FY EBITDA of $7B, which translates to $1.24B in Q4 vs $1.42B expectations. Proposes slashing dividend to $0.20/share in 2013 from $0.75 this year.
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