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ARCELORMITTAL EARNINGS REPORT
AM/NS India Q3 Results: EBITDA slumps 70% YOY on lower steel pricesEven though shipments of 1.89 million tonne in the Jul-Sep period were marginally higher than 1.87 million tonne in the same quarter last y...- ArcelorMittal cries foul on steel exports from ChinaSteelmakers in the US and Europe are being squeezed between a fresh wave of cheap imports and anemic demand that’s pushing prices lower.
- AMNS India our most significant JV, said parent Arcelor Mittal as company reports record profitThe India unit of the multinational steel major reported earnings before interest, tax, depreciation and amortisation (EBITDA) of $435 mill...
- ArcelorMittal Q4 Results: Firm posts three-fold jump in net income at $4,045 mnSales rose to $20,806 million in October-December 2021, over $14,184 million in the year-ago period.
- Internal accruals to play a big part in former Essar Steel’s Rs 18,697-crore capex planThe capex will be implemented over the medium term and it will be largely self-funded out of AMNS India’s internal accruals as the unit is ...
- ArcelorMittal reports $539 million loss in Sept quarterThe company had posted a net income (attributable to equity holders of the parent) of $899 million in the year-ago period.
- Moody’s upgrades ArcelorMittal from Ba1 to Baa3Moody's also expects that a possible acquisition of Indian steelmaker Essar Steel would be structured in a way to have only a limited finan...
- LN Mittal's ArcelorMittal renews India efforts; bets on potentially path-breaking JV with SAILArcelorMittal’s renewed efforts to write its India story meet SAIL’s globalisation dream in a joint venture that can be pathbreaking — if i...
- ArcelorMittal's net loss widens to $728 million, cuts capex to $3 billionThe company, controlled by NRI billionaire Lakshmi Mittal, had reported a net loss of $ 205 million in the year-ago period, it said in a st...
- Fitch affirms 'A' rating on Uttam Galva SteelsFitch has affirmed a low default risk on Uttam Galva Steels, one of leading producers of galvanised and cold rolled products and given it a...
- ArcelorMittal beats forecast, posts $1.85bn EbitdaArcelormittal, the world's biggest steelmaker, jumped to the highest in nine months in Amsterdam trading after 2010 earnings beat analyst e...
- ArcelorMittal SAfrica sees Kumba row dragging onArcelorMittal South Africa said its price dispute with Kumba Iron Ore could take two years to resolve, further complicating the outlook for...
- ArcelorMittal posts $679 mn profit in Q1ArcelorMittal on Thursday reported a net income of $679 million in the first three months of this year mainly on account of improved steel ...
- Steel giant ArcelorMittal posts profit despite crisisArcelorMittal, the world's biggest steelmaker, said it had made a modest profit in 2009, beating expectations it would lose out because of ...
- ArcelorMittal unveils bond issue to cut debtThe world's biggest steel maker ArcelorMittal said on Thursday it would issue 2.25 billion dollars' worth of bonds to help reduce its debts...
- ArcelorMittal second quarter revenues halveThe world's largest steel maker ArcelorMittal says its second quarter sales fell by nearly half from a year ago as the global recession dri...
- ArcelorMittal planning to shut units?ArcelorMittal workers in France and Belgium said on Thursday that the company has told them it will stop steel output at some plants. Young...
- Arcelor Q2 profit doubles on strong demand, price hikesArcelorMittal, the world’s largest steelmaker, said on Wednesday its second-quarter profit more than doubled as it increased steel prices t...
- Lakshmi Mittal gets huge dividend of £394 mnIndia-born billionaire Lakshmi Mittal has become richer by nearly 394 million pounds after receiving a dividend from ArcelorMittal. India's...
- ArcelorMittal posts record profit of $19.4 bnDouble digit growth figures are rather rare in Europe's currently dismal corporate landscape. But ArcelorMittal, the world's largest steel ...
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