Brief: ArcelorMittal Sees Previously Unanticipated Headwinds To Demand Concentrated In U.S.

ArcelorMittal SA

31/07/2025 06:44

July 31 (Reuters) - ArcelorMittal SA MT.LU:

ARCELORMITTAL S.A.: ARCELORMITTAL REPORTS SECOND QUARTER 2025

Q2 CRUDE STEEL PRODUCTION 14.4 MT

OUTLOOK : DUE TO ONGOING TARIFF HEADWINDS, ECONOMIC ACTIVITY REMAINS SUBDUED; NO RESTOCKING HAS BEEN OBSERVED AS CUSTOMERS MAINTAIN A “WAIT AND SEE” APPROACH

OUTLOOK : THIS HAS CREATED SOME HEADWINDS TO DEMAND THAT WERE NOT ANTICIPATED AT THE BEGINNING OF THE YEAR, CONCENTRATED IN THE UNITED STATES,

OUTLOOK : IN THE UNITED STATES FLAT PRODUCT APPARENT STEEL CONSUMPTION NOW FORECAST TO DECLINE SLIGHTLY IN 2025 WITHIN THE RANGE OF -2.0% TO 0%

OUTLOOK : IN EUROPE DEMAND IS FARING RELATIVELY BETTER, AND FLAT PRODUCT ASC GROWTH IS EXPECTED IN THE RANGE OF -0.5% TO +1.5% IN 2025

OUTLOOK :  STEEL DEMAND IN BRAZIL HAS BEEN STRONGER THAN INITIAL EXPECTATIONS

EXPECTS WORLD EX-CHINA APPARENT STEEL CONSUMPTION ("ASC") TO GROW BY +1.5% TO +2.5% IN 2025, AS COMPARED TO THE INITIAL +2.5% TO +3.5% GUIDANCE

Source text: ID:nGNXb6VQj0

Further company coverage: MT.LU

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