ArcelorMittal, the world's second-largest steelmaker, reported a net profit of $805 million for the first quarter of 2025, marking a 6.3% increase compared to the same period in 2024. The company's revenue for the quarter reached $14.8 billion, reflecting a 0.6% rise from the previous quarter, despite a 9.1% year-on-year decline.
The company's EBITDA stood at $1.58 billion, down 19.2% year-on-year but only 4.5% lower than the previous quarter.Operating income was reported at $825 million, a 23% decrease year-on-year but a significant 56% increase quarter-on-quarter. CEO Aditya Mittal highlighted the company's stable financial performance amid challenging geopolitical conditions, emphasizing strong operational results, particularly in Liberia.
ArcelorMittal continues to implement its growth strategy, aiming to add $1.8 billion in EBITDA by 2027. However, the company remains cautious about short-term prospects due to growing uncertainties in global trade. The steelmaker's diversified operations across 60 countries position it to navigate these challenges effectively.
Vietnam Steel by Hoa Sen Group
