ArcelorMittal rises on Q4 core profit beat, sees demand growing in 2026

ArcelorMittal SA

05/02/2026 08:32

** Shares in steelmaker ArcelorMittal MT.AS rise about 3% after the Luxembourg-headquartered firm posted a fourth-quarter core profit beat

** The company's Q4 EBITDA came in at $159 million, beating the $151 million estimate of analysts polled by LSEG

** "The group delivered a good set of Q4 results but we see limited upside for consensus upgrades as the beat is mostly driven by investees while the largest Europe region somewhat underperformed," Oddo BHF analyst Maxime Kogge says in a note

** The group expects world demand, excluding China, to grow 2% in 2026

** Including the session's rise, shares have soared about 24% since the beginning of the year

** They are at their highest point since August 2011

 (Reporting by Javi West Larrañaga in Gdansk)

 ((javier.west@thomsonreuters.com; +34 918 35 61 12))