# ArcelorMittal Reports Q3 Loss

> ArcelorMittal reports USD 391 million loss in Q3 due to rising energy costs.
- Title: ArcelorMittal Reports Q3 Loss · The Economic Times | Shortify
- Summary: 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…
- Keywords: arcelormittal, q3 2026, usd 391 million, energy costs, steel industry, net loss, european energy costs, mining business, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/arcelormittal-reports-usd-391-million-loss-in-july-sept-quarter/articleshow/135580228.cms
- Author: PTI
- Published: 2026-11-05T16:23:00+00:00
- Read time: 1 min
- Topics: arcelormittal, q3 2026, usd 391 million, energy costs, steel industry, net loss, european energy costs, mining business
## 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.
## Key takeaway

ArcelorMittal reported a USD 391 million net loss for Q3 2026 from higher European energy costs and operational disruptions.