ArcelorMittal SA back in the black with stellar results

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South Africa Headlines News

Amsa’s half-year earnings of R3.22bn compare with a loss of R1.25bn in the first half of 2020 🔒

ArcelorMittal SA has swung into profit, reporting its strongest interim earnings in a decade as the steelmaker emerges from the most challenging period in its 93-year history.

Amsa’s half-year earnings of R3.22bn compare with a loss of R1.25bn in the first half of 2020. Headline profit was R2.48bn compared with a loss of R2.61bn...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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