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ArcelorMittal reports fourth quarter 2017 and full year 2017 results

ARCELORMITTAL (MT)  More Company Research Source: GlobeNewswire
Last arcelormittal earnings: 1/31 01:01 am Check Earnings Report
US:NYSE Investor Relations: corporate.arcelormittal.com/investors
PDF Luxembourg, January 31, 2018 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results[1] for the three month and twelve month periods ended December 31, 2017. Highlights: Health and safety performance improved in FY 2017 with annual LTIF rate of 0.78x vs. 0.82x in FY 2016FY 2017 operating income of $5.4 billion (+30.6% YoY); operating income of $1.2 billion in 4Q 2017 (+52.7% YoY)FY 2017 EBITDA of $8.4 billion (+34.4% YoY); EBITDA of $2.1 billion in 4Q 2017 (+28.9% YoY)FY 2017 net income of $4.6 billion, higher as compared to $1.8 billion for FY 2016FY 2017 steel shipments of 85.2Mt (+1.6% YoY); 4Q 2017 steel shipments of 21.0Mt (+4.7% YoY)FY 2017 iron ore shipments of 57.9Mt (+3.5% YoY), of which 35.7Mt shipped at market prices (+6.1% YoY); 4Q 2017 iron ore shipments of 14.3Mt (+5.4% YoY), of which 8.4Mt shipped at market pri [Read more]

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