ArcelorMittal posted a loss of $780 million over the last three months, the fourth straight quarter that the world's largest steelmaker has lost money.
The steel industry continues to struggle despite rising orders from automakers, who have added third shifts and new employees to keep pace with their turbocharged sales.
North American steel trade association executive Thomas Gibson said he welcomes how manufacturing has become a media darling because of its job creation pace since the recession.
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