Low commodity prices continue to cause problems for companies in that sector – but things could be worse. <br /><br /> ArcelorMittal, the world’s largest producer of steel, is warning of lower profits this year as falling iron ore prices hit its mining business and worldwide demand for steel remained weak.<br /><br /> But its shares rose because the company surprised investors by managing to cut its debt to the lowest level since it was created in 2006.<br /><br /> Global miner Anglo American is also under pressure with commodity prices tumbling .<br /><br /> It posted a 25 percent drop in underlying operating profit for last year as iron ore prices have halved in the past 12 months and copper has also slid. <br /><br /> Anglo American had to write down the value of particularly its Minas Rio mine in Brazil, plagued by delays and cost overruns.<br /><br /> But cost cuts meant its share dividend payouts were unchanged.
