ArcelorMittal announced the third quarter of 2013

The world's largest steel company Arcelormittal announced in a press release published today about the end of the 2nd year in the world metallurgical industry, calling the fourth quarter of 2013 the point of turning to growth. The company, a melt from 6 to 7 percent of the total world volume, became stated that it passed the lower point of the economic cycle.

“Economic indicators prove that we began to grow and look with acute optimism at the prospects in 2014,” said the financial director of Arcelormittal Adventi Mittal today during a press conference on the quarterly report of the company.

In the third quarter of 2013, according to the report published today, ArcelorMittal increased operating profit almost 9 times compared to APPG and 35.5 percent of the previous quarter to 477 million US dollars. The net loss of the company was reduced in the reporting period compared to the APG by 3.4 times, and with respect to the previous quarter, 4 times to 193 million dollars.

In addition, ArcelorMittal significantly improved the consensus forecast for the main profit before tax (EBITDA) reporting on 1 billion 710 million dollars instead of 1 billion 560 million alleged analysts.

The company confirmed its forecast for the main profit for 2013 at the level of $ 6.5 billion, with a higher income in the second half of this year. At the same time, the growth of basic profitability will be from 1 to 2 percent.

“After the weak 1 half of the year, we improved the indicators in the 3rd quarter in the annual calculus by optimizing costs and increasing the supply of core shipments from new projects,” commented the report by the General Director and Chairman of the Board of Arcelormittal Lakshmi Mittal.

ArcelorMittal predict steel consumption growth by about 3.5 percent this year, compared with the previous forecast of 3 percent.

A brief list of the main indicators of Arcelormittal in the third quarter of 2013

1,233 21.9 63.8

	3 sq. 13 g.	2 sq. 13 g.	3 sq. 12 g.	9 months. 13 g.	9 months. 12 g.
sales	19,643	20,197	19,723	59,592	64,904
	EBITDA	1.713	1.700	1.445	4,978	6,122
Operating profit	477			352	55	2.066
Frequent profit/(loss)	(193)	(780)	(652)	(1.318)	456
production of Zhelruda (million tons)	14.9	14.3	43.0			41.9
The production of raw steel (million tons)	23.3	22.5	68.2	67.4
shipments of the shipment Metal products (million tons)	21.1	21.3	19.9	63.4