Synopsis "ArcelorMittal recorded net income for 1Q 2021 of $2,285 million... as compared to net income of $1,207 million for 4Q 2020 and a net loss of $1,120 million for 1Q 2020," the Luxembourg-based firm said. Reuters The company's crude steel output was at 17.6 million tonne (MT), compared to 21.1 MT in January-March 2021. NEW DELHI: Global steel giant ArcelorMittal on Thursday posted a net income of $2,285 million for the first quarter ended March 31, 2021. The world's largest steelmaker had posted a net loss of $1,120 million in the year-ago quarter, the company said in a statement. "ArcelorMittal recorded net income for 1Q 2021 of $2,285 million... as compared to net income of $1,207 million for 4Q 2020 and a net loss of $1,120 million for 1Q 2020," the Luxembourg-based firm said.