Steel titan lost in Legoland

20 January 2016 - 02:38
By Bloomberg

It might still be the world's biggest steelmaker, but for investors ArcelorMittal is a shadow of its former self. After losing about $100-billion in market value, the supplier of steel for New York's One World Trade Centre and London's Wembley Stadium is worth the same as the operator of Legoland theme parks, which makes replicas of these iconic buildings.

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