Earnings at ArcelorMittal's Brazilian unit increased by 50.41% year-on-year in the first quarter of 2018, amid stronger steel demand and higher prices.
ArcelorMittal Brasil's earnings before interest, taxes, depreciation and amortization (Ebitda) came to $370 million in the first quarter, up from $246 million in the corresponding period in 2017, the company said on Friday May 11.The growth was due to...