ArcelorMittal beats profit expectations as European market strengthens
Nov 5 (Reuters) - ArcelorMittal , the world's second-largest steelmaker, reported quarterly earnings above market expectations on Thursday, thanks in part to higher steel shipments in Europe.
The Luxembourg-based company reported earnings before interest, taxes, depreciation and amortisation of $2.02 billion for the third quarter, beating analysts' average forecast of $1.96 billion in an LSEG poll.