ArcelorMittal Q3 earnings

ArcelorMittal announced Q3 2009 earnings this morning.  See the press release here and the results presentation here.  As can be seen on the Nerds of Steel earnings spreadsheet, shipments rose from 18.7 to 20.1 million tons and EBITDA per ton rose to $79 in Q3 from $65 in Q2.   The company has now achieved its goal of reducing net debt by $10 billion in twelve months.

Tagged as: ArcelorMittal, EBITDA, financial results, operating income

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