World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
ArcelorMittal Reports Nearly $8 Billion Loss and Plans to Raise $3 Billion
Keywords:
Tags: Metals / Mining, France,
Steel prices drop by 40% in 2015 for steel supplied to the automobile industry. Chinese producers reduce prices on world markets as China increases exports. ArcelorMittal suffers a loss of $7.9 billion in the fourth quarter of 2015 on its steel business and mining. The mining unit had a$3.5 billion operating loss and the company took a writeoff of $3.4 billion on mines as a result of the collapse in the mining industry prices. For the full year the company expects $4.5 billion in earnings for 2015 before interest, taxes, depreciation and amortization, compared to $5.2 billion in 2014. Its capitalization has declined to about $6.8 billion.
ArcelorMittal strategy
07/28/2011
Grouped Articles
ArcelorMittal Reports Quarterly Loss of $345 Million
New York Times 05/10/2013
Steel Maker ArcelorMittal Narrows Its Net Loss
New York Times 02/07/2014
Warily, Europe’s Steel Makers Are Firing Up Their Furnaces Again
New York Times 03/10/2014
ArcelorMittal Returns to Profit as Steel Demand Rises
New York Times 08/01/2014
ArcelorMittal Reports Profit, Cuts Forecast on Lower Iron-Ore Price
Wall Street Journal 08/02/2014
ArcelorMittal Reports $955 Million Loss; ThyssenKrupp Ekes Out a Small Profit
New York Times 02/13/2015
ArcelorMittal management
07/28/2011
Grouped Articles
Warily, Europe’s Steel Makers Are Firing Up Their Furnaces Again
New York Times 03/10/2014
ArcelorMittal Reports Profit, Cuts Forecast on Lower Iron-Ore Price
Wall Street Journal 08/02/2014
ArcelorMittal Reports $955 Million Loss; ThyssenKrupp Ekes Out a Small Profit
New York Times 02/13/2015
ArcelorMittal Loss Widens Amid Steel Glut
Wall Street Journal 05/08/2015
ArcelorMittal Reports Nearly $8 Billion Loss and Plans to Raise $3 Billion
New York Times 02/05/2016
ArcelorMittal Ups Forecast for Steel
Wall Street Journal 07/28/2011
ArcelorMittal performance
02/09/2011
Grouped Articles
ArcelorMittal Reports Quarterly Loss of $345 Million
New York Times 05/10/2013
Steel Maker ArcelorMittal Narrows Its Net Loss
New York Times 02/07/2014
Warily, Europe’s Steel Makers Are Firing Up Their Furnaces Again
New York Times 03/10/2014
ArcelorMittal Returns to Profit as Steel Demand Rises
New York Times 08/01/2014
ArcelorMittal Loss Widens Amid Steel Glut
Wall Street Journal 05/08/2015
ArcelorMittal Reports Nearly $8 Billion Loss and Plans to Raise $3 Billion
New York Times 02/05/2016
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us
