ArcelorMittal Europe's fourth-quarter earnings declined by 13% year on year in 2018 on "lower steel shipment volumes," the company said on Thursday February 7.
Earnings before interest, taxes, depreciation and amortization (Ebitda) at ArcelorMittal Europe dropped to $749 million in the October-December quarter, down from an Ebitda of $861 million in the corresponding period in 2017. The company said that steel shipments were down 1.7% year on year to...