Lakshmi N. Mittal, the CEO of ArcelorMittal SA (ADR)(NYSE:MT), stated that steelmaking is their passion and it will continue to drive company for several years to come. On August 1, 2006, Mittal Steel and Arcelor merged to establish the world`s leading steel firm. The management view Expressing his views, Mr. Mittal said that the reason […]
Lakshmi N. Mittal
ArcelorMittal SA (ADR)(NYSE:MT) EBITDA Almost Doubles In 2Q2016
ArcelorMittal SA (ADR)(NYSE:MT) reported that the EBITDA in 2Q2016 surged 26.5% YoY to $1.8 billion. Operating income amounted to $1.9 billion in 2Q2016 against $0.3 billion in 1Q2016, following increased sales led by higher steel selling prices and one-time gain of $0.8 billion from employee benefits. The management speaks Commenting on 2Q2016 performance, Lakshmi N. […]
