ArcelorMittal Says EU Steel Protections Help Offset High Energy Costs
ArcelorMittal said EU protections are benefiting Europe’s steel industry and helping offset high energy prices. The company reported EBITDA of $2.02 billion.
By Joshua KirbyArcelorMittal said the European steel industry is benefiting from European Union protections, helping to offset current high energy prices.Europe's largest steelmaker made earnings before interest, taxes, depreciation and amortization--a key profit metric--of $2.02 billion for the th…