ArcelorMittal 2018 Iron ore output increased by 3.4% in the fourth quarter, up 3.5% year-on-year

ArcelorMittal Steel recently announced its fourth quarterlyreport for 2018. The data shows that its iron ore output in the fourth quarterof 2018 reached 14.9 million tons, an increase of 3.4% (400,000 tons), anincrease of 3.5% (500,000 tons).

ArcelorMittal's 2018 annual iron ore output was 58.5 milliontons, up 1.9% from 2017's 57.4 million tons. In the fourth quarter of 2018,Amway iron ore shipments were 15.7 million tons, up 9.8% year-on-year; in 2018,iron ore shipments were 59.3 million tons, up 0.7% from 2017. In the fourthquarter of 2018, the output of crude steel in Anmi was 22.8 million tons, adecrease of 2.1% from the previous month, which was flat year-on-year; theannual crude steel output in 2018 was 92.5 million tons, down 0.6% year-on-year.