ArcelorMittal Americas Sales Flat in Q4

ArcelorMittal Flat Carbon Americas had sales of $4.9 billion in fourth quarter 2013, just slightly below sales for third quarter and up from $4.68 billion in Q4 2012. Crude steel production declined by 1.4 percent to 6.3 million tonnes q/q due to operational issues in Brazil and maintenance for Canadian operations.

Steel shipments of 5.6 million tonnes were down 2.5 percent q/q due to lower North American shipment volumes and seasonal slowdown in Brazil. Average steel selling price was $819/tonne ($743/ton) as compared to $804/tonne ($674/ton) in Q3 and $797/tonne ($723/ton) in y/y.