ArcelorMittal posts earnings beat as European safeguards bear fruit
30/07/2026 06:08
ArcelorMittal posts earnings beat as European safeguards bear fruit July 30 (Reuters) - ArcelorMittal MT.AS, the world's second-argest steelmaker, reported slightly stronger-than-expected core earnings on Thursday, saying its European business is gathering momentum thanks to the EU's safeguards.
The Luxembourg-based company posted second-quarter core earnings of $2.06 billion, above the $2.01 billion expected by analysts polled by LSEG.
(Reporting by Javi West Larrañaga in Gdansk, editing by Milla Nissi-Prussak)
((Javier.West@thomsonreuters.com; +34 918 35 61 12;))
Recent news on ArcelorMittal SA
See all newsMedia: IDC Nears $610 Million Deal for ArcelorMittal South Africa - Bloomberg News
Russia says it hit Ukrainian steel plants, power infrastructure and ships (updated)
Russian defence ministry says it hit Ukrainian steel plants, power infrastructure overnight
European steel's recent weakness offers good entry point, JPM says
Brief: ArcelorMittal Moves Forward With Steel Projects In Dunkirk, Mardyck