Lakhshmi MIttal

ArcelorMittal Registers Jul-Sept Net Loss At $261 Million

"ArcelorMittal recorded a net loss for 3Q 2020 of $261 million (or $0.21 basic loss per common share), as compared to a net loss for 2Q 2020 of $559 million (or $0.50 basic loss per common share), and a net loss for 3Q 2019 of $539 million (or $0.53 basic loss per common share)," the company said in a statement.