ArcelorMittal core profit rises 23% to $1.91B.

ArcelorMittal's (MT) Q4 EBITDA climbed 23% to $1.91B, topping analyst forecasts of $1.8B, as revenue increased 2.8% to $19.85B. Profits were boosted by a 4.4% rise in steel shipments to 21M tons, a 56% increase in marketable iron-ore shipments, cost savings and asset restructuring. ArcelorMittal is cautiously optimistic about its prospects, and forecasts that 2014 EBITDA will grow to $8B from $6.89B in 2013. Consensus is for $8.1B. Shares were +2.35% premarket.