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"The segment recorded an operating loss of €303 million which includes RESTRUCTURING COSTS...

Operating result in 3Q’12 included impairment expenses relating to the intention to launch a project to permanently close the liquid phase at the Florange site in France of $130 million and restructuring costs totaling $90 million associated primarily with the decision to close two blast furnaces, sinter plant, steel shop and continuous casters in Liege, Belgium"