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ArcelorMittal gives bullish outlook after earnings beat

Friday, May 11, 2018 - 01:46

The world's largest steelmaker ArcelorMittal says the outlook for 2018 has improved after a sharp pick-up in steel prices helped it deliver higher-than-expected first-quarter earnings. As David Pollard reports, its shares were one of the strongest performers on Europe's leading share index after it posted Q1 EBITDA at $2.51 bln.

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The world's largest steelmaker ArcelorMittal says the outlook for 2018 has improved after a sharp pick-up in steel prices helped it deliver higher-than-expected first-quarter earnings. As David Pollard reports, its shares were one of the strongest performers on Europe's leading share index after it posted Q1 EBITDA at $2.51 bln.

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ArcelorMittal gives bullish outlook after earnings beat

Friday, May 11, 2018 - 01:46