ArcelorMittal (MT) reported that its third-quarter net income attributable to equity holders of the parent declined year-over-year to $899 million or $0.88 per share from $1.205 billion or $1.18 per share, previous year. Operating income was at $1.6 billion (which includes $0.5 billion impairment primarily related to the Ilva remedy assets sale), 26.9% higher from prior year. The company recorded an impairment charges of $509 million primarily related to remedy asset sales for the Ilva acquisition. Impairment charges for prior year were nil.
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