ArcelorMittal Dec qtr results: Loss trims to $390 mn, production at 14 MT

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ArcelorMittal Dec qtr results: Loss trims to $390 mn, production at 14 MT - Business Standard

Quick Summary:

In the same quarter of 2023, it had posted USD 2,966 million loss (attributable to equity holders of the parent), the Luxembourg-based company said in a statement.

Global steel giant ArcelorMittal has reduced its loss to USD 390 million during the fourth quarter ended December 31, 2024.

During the full year, the company's net income rose to USD 1,339 million, higher from USD 919 million in January-December 2023.