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ArcelorMittal posts earnings beat as European safeguards bear fruit

ArcelorMittal posts earnings beat as European safeguards bear fruit

Thu, July 30, 2026 at 5:09 AM UTC

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July 30 (Reuters) - ArcelorMittal, the world's second-argest steelmaker, reported slightly stronger-than-expected core earnings on Thursday, saying its European business is gathering momentum thanks to the EU's safeguards.

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The Luxembourg-based company posted second-quarter core earnings of $2.06 billion, above the $2.01 billion expected by analysts polled by LSEG.

(Reporting by Javi West Larrañaga in Gdansk, editing by Milla Nissi-Prussak)

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Source: “AOL Money”

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