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04 May
08:49

ArcelorMittal performance improves, full recovery still far off

ArcelorMittal’s first-quarter results improved significantly compared with Q3 and Q4 2022. A full recovery to the levels registered in the first half of 2022 is still far off, however, Kallanish learns from the company’s latest financial results. ArcelorMittal’s consolidated Q1 sales reached $18.5 billion, up almost $2 billion compared with Q4 2022 but still some $3 billion below Q1 2022. Operating income recovered to $1.2 billion from the $306 m…
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