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ArcelorMittal Increases Capital Spending by $1 Billion in 2018


Industry Segment: Metals & Minerals | Word Count: 96 Words

SUGAR LAND--May 30, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Judging by its first-quarter performance, this year is shaping up nicely for multinational steel producer ArcelorMittal S.A. (NYSE:MT) (Luxembourg). Ranked as the world's largest steel producer, the company reported $1.2 billion in net income for the just-ended quarter, up from $1.0 billion in first-quarter 2017. Industrial Info is tracking $6.26 billion in ArcelorMittal capital project activity, including $1.61 billion in the North America.

Within this article: ArcelorMittal Capex projects.

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