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ArcelorMittal, Arkema and Legrand are on the rise

2021-05-09T06:14:50.932Z

The three manufacturers publish excellent results for the first quarter of 2021. The world that is beginning to take shape will disrupt many economic sectors. Yet there is one, very traditional, which emerges in full form from the crisis: the old industry. What is happening on steel is the best illustration of this. ArcelorMittal, the world number one, is off to a good start in 2021: “The first quarter was the best of the decade,” said Aditya Mittal, the new CEO, appointed in



The world that is beginning to take shape will disrupt many economic sectors.

Yet there is one, very traditional, which emerges in full form from the crisis: the old industry.

What is happening on steel is the best illustration of this.

ArcelorMittal, the world number one, is off to a good start in 2021:

“The first quarter was the best of the decade,” said

Aditya Mittal, the new CEO, appointed in February.

The turnover is up 9% compared to the same period of 2020, to 16.2 billion dollars, and the gross operating surplus (Ebitda) is simply multiplied by 3.3, to reach 3, $ 2 billion.

Read also:

Aditya Mittal, the heir, opens a new era at ArcelorMittal

This performance can be explained first of all by the very strong rebound in demand for steel, particularly in the United States and in Asia.

ArcelorMittal foresees an increase in global steel consumption from 4.5% to 5.5% over the year 2021, after a contraction of 1% in 2020. Many steelmakers having cut

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Source: lefigaro

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Business 2021-05-09T06:14:50.932Z

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