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The Economic Times

Economy / The Economic Times

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ArcelorMittal reports USD 391 million loss in July-Sept quarter

ArcelorMittal reported a net loss of USD 391 million for the September quarter due to rising energy costs. The company's sales increased to USD 16,466 million while steel production saw a slight rise. Adjusted net income grew to USD 0.9 billion, indicating improvement in earnings capacity over time. AMNS India, its joint venture with Nippon Steel, also reported increased EBITDA for the same period.

5 Nov 2026 9:53 pm