AT A GLANCE: ArcelorMittal's earnings recover in Q4 on higher steel prices

February 12, 2021 / www.metalbulletin.com / Article Link

A summary of ArcelorMittal's financial results for October-December 2020.

In briefTotal steel shipments fell during the quarter compared with a year earlier due to global steel demand being lower than pre-Covid-19 levels despite a gradual improvement, ArcelorMittal said.The company's earnings increased as a result of a price recovery in Brazil; lower fixed costs and improved performance by its mill in Taranto, Italy; and positive...

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