AT A GLANCE: ArcelorMittal Europe Q2 earnings drop 65% on reduced steel shipments, lower steel prices

A summary of ArcelorMittal Europe's financial results for the second quarter of 2020.

In brief
Earnings before interest, taxes, depreciation and amortization (Ebitda) dropped due to lower steel shipments and lower steel sales prices in the quarter.

Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Northern Europe averaged at €420.46 ($494.23) per tonne in April-June 2020, compared with...


Maria Tanatar

July 30, 2020

12:25 GMT