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Economics

ArcelorMittal earnings may rise 22 per cent in second quarter

The Luxembourg-based company is the world's biggest steelmaker.

24.07.2017

Luxembourg-based ArcelorMittal, the world's biggest steelmaker, may see a 22 per cent year-on-year rise in its earnings before interest, taxes, depreciation and amortisation (EBITDA) in the second quarter, a poll of analysts showed.

The company, which has a potential global output of 113 million tonnes of crude steel, may make EBITDA of $2.155 billion dollars (€1.85 billion) in the April to end-June period, according to the survey of 23 analysts, ArcelorMittal said in a statement.

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