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ArcelorMittal posts earnings beat as European safeguards bear fruit

ArcelorMittal posts earnings beat as European safeguards bear fruit

- 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;))

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