ArcelorMittal returns to profit as raw material prices soar
PARIS: Global steel giant ArcelorMittal reported on Thursday a record annual profit for 2021, buoyed by the soaring prices of raw materials after a loss the previous year. Despite a drop in production, the company reported a net profit of $14.9 billion (13 billion euros) following a $733 million loss in 2020. The group lost its … Read more