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ArcelorMittal Projects 2% Rise in Global Steel Shipments for 2026

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Business 17 hours ago Economic Times

 ArcelorMittal, one of the world’s largest steel producers, expects a 2% year-on-year increase in steel shipments for 2026, signaling a steady rebound in global demand. The company reported a total shipment of 55.6 million tonnes in 2025 and projects modest growth amid improving market conditions.Despite challenges such as lower steel prices and weak demand in certain regions, ArcelorMittal is optimistic about future trends. The company remains focused on operational efficiency, decarbonization initiatives, and expanding capacity in strategic markets, including India and Brazil.

CEO Lakshmi Mittal highlighted the company's long-term commitment to sustainability and innovation. ArcelorMittal also emphasized its investments in green steel technology and carbon reduction as core components of its growth strategy.

As infrastructure development picks up pace globally and construction activity rebounds, the projected 2% increase points to a positive shift in the steel industry. The outlook reinforces ArcelorMittal’s leadership position in a sector critical to global industrial development.