By Philip Blenkinsop BRUSSELS (Reuters) – ArcelorMittal , the world's largest steelmaker, set out a new $ 3 billion savings plan to restore steel margins to levels unmatched since the crisis struck in 2008. The new plan is the latest step in its aggressive response to steel sector problems that include a nine percent slide in demand in the European Union last year. The Luxembourg-based company has already sold assets, launched a rights issue, cut its dividend and closed some production since Standard & Poor's cut its credit rating to junk status last August. …
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