29
Feb
13:27
ArcelorMittal Jubail earnings surge
ArcelorMittal's attributable revenue from its 33.34%-owned Saudi Arabia-based seamless pipe joint venture ArcelorMittal Tubular Products Al Jubail (ATPJ) rose 31.2% on-year in 2023 to $1.2 billion, from $918m in 2022, Kallanish notes.
According to ArcelorMittal’s Form 20-F, attributable comprehensive income skyrocketed to $274m in 2023 from $28m a year earlier.
ATPJ is a 600,000 tonnes/year seamless pipe mill in Jubail, Saudi Arabia. In 2021, ATPJ …
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Very good overview of the weekly steel market.
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