From The Economic Times · PTI · · 50s
ArcelorMittal Reports Q3 Loss
ArcelorMittal reports USD 391 million loss in Q3 due to rising energy costs.
In brief
ArcelorMittal reports USD 391 million loss in Q3 due to rising energy costs. ArcelorMittal reported a USD 391 million net loss for Q3 2026 from higher European energy costs and operational disruptions. Originally reported by The Economic Times.
Financial Results
ArcelorMittal reported a net loss of USD 391 million for the September quarter due to higher energy costs in Europe.
Year-on-Year Comparison
The company posted a net income of USD 377 million in the same period a year ago, with adjusted net income rising to USD 0.9 billion.
CEO Statement
Aditya Mittal noted structural improvements in earnings capacity with EBITDA per tonne at USD 155, reflecting strategic investments.
Operational Details
Steel output reached 13.7 million tonnes, with India's joint venture reporting USD 266 million EBITDA in Q3.
At a glance
ArcelorMittal reported a USD 391 million net loss for Q3 2026 from higher European energy costs and operational disruptions.
