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How ArcelorMittal Fared in 1Q18

Mark O'Hara
How ArcelorMittal Fared in 1Q18

ArcelorMittal (MT), the world’s largest steel producer, released its 1Q18 earnings today, May 11. ArcelorMittal’s 1Q18 EBITDA (earnings before interest, tax, depreciation, and amortization) jumped 12.6% year-over-year to $2.5 billion. ArcelorMittal’s 1Q18 earnings were better-than-expected, and the stock was trading higher in initial trade on European exchanges.