The world’s top steelmaker ArcelorMittal said today that its first-quarter EBITDA was US$1.565 billion, which is 26% lower than the same period of 2012, but it sees positive core profit trends for the coming months. The company mentioned that the global steel consumption would climbed by 3 percent in 2013, hence its steel shipment is seen to increase by 2 to 3 percent this year, mainly to regions except Europe. ArcelorMittal takes 6%~7% of global steel production and in 2012 its core profit was US$7.1 billion.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64381&division=A6
