ArcelorMittal Reports Third Quarter 2026 Results
16 Articles
16 Articles
ArcelorMittal closed the third quarter with net losses of 391 million dollars (348 million euros) due to the accounting coup of the paralysis of its Ukrainian subsidiary by the Russian attacks. Without that impact, the group estimates that it would have earned 868 million dollars in net profits, 83% more than a ... Continue reading "ArcelorMittal loses 391 million in the third quarter after the bombings received at its plant in Ukraine"
The steel group ArcelorMittal accounted for a net profit of 867 million dollars (about 800 million euros) during the first nine months of 2026, representing a fall of 70.8% from the profits of 2,975 million dollars (about 2,744 million euros) recorded in the same period of the previous year.
ArcelorMittal obtained a clearly attributed profit of 867 million dollars (about 800 million euros) between January and September 2026, 70.8% less than in the same period of the previous year. The collapse of profits responds, mainly, to the accounting deterioration and extraordinary costs resulting from the temporary cessation of its plant in Ukraine after several missile attacks.
ArcelorMittal concluded the first nine months of 2026 with a net profit attributed to 867 million dollars, equivalent to approximately 800 million euros. This figure represents a decrease of 70.8% compared to the same period of the previous year, when its profit amounted to 2,975 million dollars. Although the [...]
(Teleborsa) - ArcelorMittal, the world's largest steel company, closed the third quarter of 2026 with a net loss of US$ 391 million, compared to a profit of US$ 377 million a year earlier, due to...
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