Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
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.
Also Read : Tata Steel MD Predicts Recycling Will Outpace Mining by 2050 Steel firm announces ₹300 Cr capacity expansion, shares in spotlight
Indian Steel Sector Set for Q1 FY26 Surge Backed by Safeguard Duty, Rising Prices India’s ste...
Announcement 12-Jun-2025
Turkey's steel industry has recently experienced significant growth, with exports increasing by 27.6...
Business 04-Mar-2025
Despite losing a crucial coking coal mine, Ukraine has managed to increase its steel production, dem...
Business 10-Mar-2025
More than 250,000 barrels per day (b/d) of US crude are expected to arrive in India next month, the...
Business 26-Mar-2024
Australia's key iron ore producers have allied with BlueScope, targeting the reduction of carbon emi...
Asia 09-Feb-2024
Litigation hiatus sought to accelerate agreement completion.Seeking&nb...
US 06-Jun-2025