ArcelorMittal Reports Third Quarter 2026 Results
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ArcelorMittal has informed that the European steel industry is benefiting from protective measures, which helps to compensate for the current high energy prices. Exclusive material for subscribers. To have full access, access the link of the material and register.
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"
Noticias de Navarra
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.
informacion.es
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.
Key takeaways ArcelorMittal beat third-quarter profit expectations, partly thanks to the European Union's protectionist trade measures. The announcement caused a price increase of around 3 percent during the early trading hours. The global steel manufacturer reported an EBITDA of 2.023 billion dollars (approximately 1.80 billion euros), versus the average analyst forecast of 1.96 billion [...]
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