Total steel shipments in the AM3S segment were higher at 5.
1 Shipments are defined as the sum of segment shipments excluding AM3S.
EBITDA in the AM3S segment is expected to decrease.
AM3S shipments are not consolidated and exclude all hirework and commission shipments from April 1, 2007 onwards.
5 Shipments for the AM3S
segment, which are mainly inter-company, are not consolidated in the total shipments of the combined company and are eliminated.
Pro forma sales in the AM3S segment were higher at $3.
The performance of the Stainless Steel segment is to remain at high levels, while the performance of AM3S and AACIS is expected to remain stable.
The results of AM3S
segment correspond solely to the operations of Arcelor, whose results are included as from August 1, 2006.