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ArcelorMittal posts $805 million net profit in Q1 2025.
Strong steel prices and higher shipments boost earnings.
Maintains steady outlook despite market challenges.
Global steel giant ArcelorMittal reported a consolidated net profit of $805 million for the first quarter of 2025, outperforming market expectations amid a backdrop of gradually improving steel demand and operational stability.
The company's financial results showed a rebound from the previous quarter’s muted performance, driven by higher average steel selling prices, improved shipments, and steady demand recovery in core markets, especially in Europe and North America.
Total revenue for Q1 stood at $18.3 billion, with EBITDA at $1.9 billion, reflecting firm pricing and operational efficiencies. ArcelorMittal’s mining segment also contributed positively, supported by a moderate rise in iron ore prices during the quarter.
The company highlighted continued cost optimization measures and progress in decarbonisation initiatives, including strategic investments in low-carbon steel technologies. Management maintained a cautiously optimistic outlook for the upcoming quarters, banking on infrastructure spending and resilient automotive sector demand.
Despite concerns over global economic uncertainties and trade frictions, ArcelorMittal reaffirmed its production guidance for the year.
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