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08 Feb
08:24

ArcelorMittal confirms profitability despite challenges

ArcelorMittal has posted its full year 2023 financial results, confirming that last year was challenging in terms of turnover, EBITDA, production and shipments. Despite all that, the group remained profitable overall during the year. Looking ahead, ArcelorMittal expects apparent steel consumption to rebound globally in 2024 (compared to 2023). Apparent steel consumption excluding China is expected to rebound 3-4% y-o-y. The sharpest recovery is expected in India (…
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