ArcelorMittal Reports Strong Q2 Earnings with Improved Margins and Strategic Growth
ArcelorMittal (MT) reported strong second-quarter earnings in 2026, driven by improved performance across all business segments. The company achieved an EBITDA of $2.1 billion, with a margin of $155 per ton—well above historical averages. European operations reached a three-year high at $98 per ton due to favorable policy changes and trade benefits. The firm also highlighted record shipment levels in its India joint venture (AM/NS) and plans for long-term capacity expansion, aiming for 40 million tons annually as steel demand is expected to double. Strategic growth projects are on track to deliver $1.8 billion incremental EBITDA starting from 2026. ArcelorMittal remains focused on sustainable solutions with a medium-term target of $750 million in related EBITDA and continues prioritizing shareholder returns through dividends and buybacks.
Tickers: $MT
Topics: EBITDA financial performance shipment guidance strategic growth