WATCH: How will ArcelorMittal fare in 2018?

ArcelorMittal SA released its full-year results on Wednesday. Revenue was up 19%, although its headline loss narrowed only slightly to R2.5bn as its operating loss increased by R128m, primarily as a result of the strengthening of the rand and higher raw material prices. The company has not posted a profit since 2011, can a more upbeat market and rising steel prices make 2018 a better year for the company? ArcelorMittal SA CEO designate Kobus Verster spoke to Business Day TV about the company’s full-year results. OR LISTEN TO THE AUDIO:

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