ArcelorMittal share price soars on swing into operating profit
The embattled steelmaker said 2020 was a difficult but transformative year
05 February 2021 - 15:40
ArcelorMittal SA’s share price jumped as much as 28% in Friday afternoon trade when the primary steelmaker announced it had swung into profit in the second half of 2020.
In a JSE news service announcement, the embattled company said despite 2020 proving to be an “exceptionally difficult year with unprecedented challenges”, the company swung into profit in the second half of the year...
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