BRUSSELS, May 4 (Reuters) - ArcelorMittal, the world’s
second largest steelmaker, reported higher than expected first
quarter earnings and forecast market conditions would continue
to improve in the second quarter on Thursday.
The Luxembourg-based company said on Thursday first-quarter
core profit (EBITDA), the figure most watched by the market, was
$1.82 billion, much lower then the year-ago figure of $5.08
billion but higher than the average forecast in a company poll
of $1.64 billion.
(Reporting by Marine Strauss @StraussMarine; editing by Philip
Blenkinsop)
Messaging: marine.strauss.thomsonreuters.com@reuters.net))
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