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ArcelorMittal's Net Income Jumps Over 80% To $4,125 Million In Q1

Global steel giant ArcelorMittal on Thursday posted 80.52 per cent growth in net income at $4,125 million (about Rs 31,350 crore) for the first quarter ended March 31, 2022. ....

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ArcelorMittal Q1 results: ArcelorMittal Q1 results: Posts $2,285 million net income


Synopsis
ArcelorMittal recorded net income for 1Q 2021 of $2,285 million. as compared to net income of $1,207 million for 4Q 2020 and a net loss of $1,120 million for 1Q 2020, the Luxembourg-based firm said.
Reuters
The company s crude steel output was at 17.6 million tonne (MT), compared to 21.1 MT in January-March 2021.
NEW DELHI: Global steel giant ArcelorMittal on Thursday posted a net income of $2,285 million for the first quarter ended March 31, 2021. The world s largest steelmaker had posted a net loss of $1,120 million in the year-ago quarter, the company said in a statement.
ArcelorMittal recorded net income for 1Q 2021 of $2,285 million. as compared to net income of $1,207 million for 4Q 2020 and a net loss of $1,120 million for 1Q 2020, the Luxembourg-based firm said. ....

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