ArcelorMittal starts year better than expected BRUSSELS: ArcelorMittal, the world's largest steelmaker, reported higher than expected core earnings on Friday and maintained its forecast that it would make a greater profit this year than last. The company, which makes some 6-7 percent of global steel, said core profit ( EBITDA) for the first three months totalled $1.565 billion, down 26 percent year-on-year, but substantially higher than the average $1.36 billion expected in a Reuters poll.   Source : economictimes.indiatimes.com