ArcelorMittal’s net income grows to $4.1 billion in first quarter


ArcelorMittal, which operates and owns Kazakhstan’s main steel combine in the central-eastern province of Karaganda, raised its net income to $4.1 billion in the first quarter, up from $4 billion in the fourth quarter of 2021.

The Luxembourg-based steelmaker, whose North American headquarters are in Schererville, pulled in $5.1 billion in...