Earnings at ArcelorMittal's Brazilian division rose by 59.9% year-on-year in the fourth quarter of 2017, due to increased volumes and prices.
Earnings before interest, taxes, depreciation and amortization (Ebitda) totaled $341 million in the October-December period, up from $213 million a year before, ArcelorMittal announced on Wednesday January 31.The company shipped 3.05 million tonnes of steel products in...