09
Nov
12:23
AMNS India raises third-quarter shipments, earnings surge
AMNS India raised steel shipments 15% on-year in the third quarter to 1.87 million tonnes and crude steel output by 17% to 1.94mt, as the previous-year quarter was impacted by maintenance.
Ebitda surged 161% in Q3 to $533 million due to higher steel shipments and lower costs, including the gain from the unwinding of a natural gas hedge, says majority shareholder ArcelorMittal.
ArcelorMittal says it expects apparent consumption in India to grow in 2023 above its …
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Anonymous
Very good overview of the weekly steel market.
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