Report of the five steel enterprises in the first quarter of 2021

The annual growth of the shipment volume of ArcelorMittal is 6.5% on quarter
On May 6, ArcelorMittal issued its quarterly financial report. In the first quarter of 2021, the shipment volume of ArcelorMittal crude steel reached 16.5 million tons, with a quarterly ring ratio increase of 6.5%. The company's overall operating conditions improved significantly in the first quarter, mainly due to the sustained recovery in steel demand.
In the first quarter of 2021, the total operating income of Amway was 2.6 billion US dollars, the total operating income in the fourth quarter of 2020 was US $2 billion, and the quarterly ring ratio increased by 600 million US dollars; Net income is 2.3 billion US dollars, and in the fourth quarter of 2020 is 1.2 billion dollars, with a quarter to ring ratio increase of 1.1 billion US dollars; EBITDA (EBITDA) is $3.2 billion.
"The first quarter of 2021 is the most striking quarter in Amway's recent decade," said Adiya Mittal, ArcelorMittal CEO, in his report. For the rest of 2021, we will continue to play a cost advantage and further promote the sustainable development of the enterprise. "

POSCO achieved a combined profit of US $1.029 billion
Recently, POSCO released its quarterly financial report. In the first quarter of 2021, POSCO achieved a consolidated operating revenue of 16068.7 billion won (about US $14.516 billion), a year-on-year growth of 11.50% and a quarter on quarter growth of 5.30%; The consolidated profit was 1138.8 billion won (about US $1029 million).
According to the data of separate financial statements, POSCO achieved an operating revenue of 780.4 billion won (about US $7.047 billion) in the first quarter of 2021, with a year-on-year growth of 11.90% and a quarter on quarter growth of 10.20%; It made a profit of 952.2 billion won (about 860 million US dollars).

India Tata crude steel production record
On May 5, Tata group released its quarterly financial report. In the fourth quarter of fiscal year 2020-2021 (from January 2021 to March 2021), crude steel output reached a record of 4.75 million tons, an increase of 3% quarter on quarter; The shipment volume was 4.67 million tons, a year-on-year increase of 16%; EBITDA (profit before tax, interest, depreciation and amortization) was 12.295 billion rupees (about 167 million US dollars), a quarter on quarter increase of 40%, an increase of about 2.7 times over the same period of the previous fiscal year, breaking the record.
In the fourth quarter of fiscal year 2020-2021, Tata Group's combined crude steel output is 8.2 million tons, and its shipment volume is 7.83 million tons; The consolidated EBITDA was 14.29 billion rupees (about 194 million US dollars), and the consolidated after tax profit was 7.162 billion rupees (about 95 million US dollars).

Nucor Steel's profit reached 942 million US dollars
On April 22, Nucor released its quarterly financial report. According to the report, in the first quarter of 2021, the combined net profit of Nucor steel reached US $942 million, an increase of US $543 million over the combined net profit of US $399 million in the fourth quarter of 2020, the highest quarterly record since the establishment of the company.
In the first quarter of 2021, the combined net sales of Nucor steel was US $7.02 billion, an increase of 33% compared with us $5.26 billion in the fourth quarter of 2020, and an increase of 25% compared with us $5.62 billion in the first quarter of 2020.
In the first quarter of 2021, the steel export of Nucor steel increased by 11% compared with the fourth quarter of 2020, and slightly decreased compared with the same period of 2020; The U.S. internal market accounted for 21% of its total sales, up 1% from the first quarter of 2020.

Swedish steel total revenue rose 16% on quarter
On April 26, SSAB issued its quarterly financial report. SSAB's total operating revenue in the first quarter was SEK 19.9661 billion (US $2357 million), up 5% year-on-year, and up 16% on quarter quarter; The profit achieved was 1.993 billion Krona (US $239million), an increase of 1.65billion Krona (US $198million) year on year, and a quarter to ring increase of 1.436 billion Krona (about US $172 million); After tax profit was 1.51billion Krona (US $181million) and EBITDA was SEK 2.866 billion (approximately $343million).
The report also pointed out that the crude steel production in the first quarter of SSAB was 2.13 million tons, an increase of 1% year-on-year, and a 2% decrease in quarterly ring ratio; The output of rolled steel is 1935000 tons, down 1% year on year and 2% in quarter to ring ratio. The shipment volume of crude steel in the first quarter was 1837000 tons, up 3% year on year and month on month.