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

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

In brief Total 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...

Published

Maria Tanatar

February 11, 2021

19:46 GMT

London