Reportedly, ArcelorMittla Flat Carbon Americas (FCA) posts US$4.9 billion for the first quarter sales, rising by 3.8% from US$4.7 billion in a quarter ago, driven by higher selling prices in South America and Mexico. In the first quarter of this year, FCA realized earnings before interest, taxes, depreciation and amortization (EBITDA) of US$443 million, jumping by 51% from the previous quarter, boosted by an improved performance from its South and North American operations.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64396&division=A6
