In Q1 of 2014, ArcelorMittal increased its profit insignificantly
Edited by Rhod Mackenzie / 2014-05-12 08:30:56
In the first quarter o 2014, the largest steel-smelting company of the world ArcelorMittal decreased its net loss due to increase of supplies of steel and iron ore and confirmed the forecast of the profit for the year.
According to the company’s press-release, in January-March its net loss made up $205 million or $0.12 per share as compared with $345 million or $0.21 per share in the same period of the previous year.
