New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 6, 2013
11:32 EDTMTArcelorMittal reports Q4 EBITDA $1.32B vs. Q3 EBITDA $1.34B
Earlier today, ArcelorMittal reported Q4 EBITDA of $1.32B compared to Q3 EBITDA of $1.34B. Sales for Q4 decreased by 2.1% to $19.3B as compared with $19.7B for 3Q 2012, and were down 14% as compared with $22.4B for 4Q11. Sales were lower during 4Q12 as compared to 3Q12 primarily due to lower average steel selling prices, down 2.8% offset in part by marginally higher steel shipment volumes up 0.7%. The company sites demand contraction in Europe and the slowdown in China as its key challenges in Q4. The company, however, expects 2013 EBITDA above the $7.1B reported in 2012, with steel shipments are expected to increase by approximately 2-3% in 2013 as compared to 2012.
News For MT From The Last 14 Days
Check below for free stories on MT the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 14, 2014
13:03 EDTMTArcelorMittal expresses interest in Italian steelmaker Ilva, Reuters says
ArcelorMittal is said to have sent a non-binding expression of interest for Italian steelmaker Ilva, says Reuters. Reference Link
August 12, 2014
09:59 EDTMTArcelorMittal shares attractive, says Bernstein
Subscribe for More Information
06:38 EDTMTArcelorMittal Brazil boss says local price view solid, Reuters says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use