ArcelorMittal Q1 earnings beat analyst expectations

The steelmaker reported core earnings of 1.68 billion dollars for the first quarter. Results were driven by higher prices and strong North American growth.

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Insights:

ARCELORMITTAL posted first-quarter core earnings of $1.68B, exceeding analyst expectations of $1.65B. The result outpaced LSEG estimates by $30M as the steelmaker benefited from higher prices and North American growth.

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