like_count_tpl like_count_text_tpl
like_tooltip_tpl
comment_count_tpl comment_count_text_tpl
comment_tooltip_tpl
FX Daily Updates
ArcelorMittal's Q3 core earnings fall less than expected
georgemiller
Publish Date: Thu, 07 Nov 2024, 06:23 AM

Nov 7 (Reuters) - ArcelorMittal , the world's second-largest steelmaker, on Thursday reported third-quarter core profit above market expectations, as improvement in its Brazil business partly offset weaker results in North America and Europe.
The Luxembourg-based company said its earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to $1.58 billion in the quarter, down 15% from a year earlier, but above a consensus estimate of $1.49 billion provided by the company.
Sign up here.
https://www.reuters.com/markets/commodities/arcelormittals-q3-core-earnings-fall-less-than-expected-2024-11-07/