The world's largest steelmaker had posted a net income of USD 0.4 billion in the year-ago quarter, the company said in a statement. "ArcelorMittal recorded a net loss for quarter 1, 2020 of USD 1.1 billion... as compared to a net loss for quarter 4, 2019 of USD 1.9 billion and a net income for quarter 1, 2019 of USD 0.4 billion," the company said.
