ArcelorMittal Q1 profit tops expectations
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Red hot slabs of steel move along conveyors at the ArcelorMittal metals plant in Dunkirk as part of a media tour dedicated to the reduction of carbon intensity of the industry in France, January 16, 2023. REUTERS/Benoit Tessier/FIle photo
(Reuters) - ArcelorMittal, the world's second-largest steelmaker, reported on Thursday first-quarter core earnings above expectations after improved results in North America, Brazil, Europe and India.
The Luxembourg-based company said core profit (EBITDA) was $1.96 billion, higher than the average forecast in a company poll of $1.81 billion.
(Reporting by Shivani Tanna in Bengaluru; Editing by Jacqueline Wong)
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