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Q3 2021 Results.pdf

3q21-earnings-release-final.pdf
Preview of Q3 2021 Results
🔗 Source: corporate-media.arcelormittal.com
📊 Size: 346 KB
👤 Author: hpatel
⬇️ Downloads: 57

Summary

ArcelorMittal reported its third quarter 2021 results, with highlights including a LTIF rate of 0.76x, improved operating results, and a positive evolution of steel spreads. The company's operating income was $5.3bn, EBITDA was $6.1bn, and net income was $4.6bn, the highest level since 2008. The company also reported a decline in gross debt to $8.2bn and net debt to $3.9bn, and announced strategic investments to strengthen its Long products businesses in Brazil and Mexico. ArcelorMittal's CEO, Aditya Mittal, commented on the company's strong results, safety performance, and decarbonization initiatives, and stated that the outlook remains positive with underlying demand expected to continue to improve and steel prices remaining at elevated levels.

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ArcelorMittal reported its third quarter 2021 results, with highlights including a LTIF rate of 0.76x, improved operating results, and a positive evolution of...

Technical Information

  • File Format: PDF
  • File Size: 346 KB
  • Pages: 25
  • Language: EN
  • Author: hpatel
  • Total Downloads: 57
  • Last Updated: 7 days ago

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