ArcelorMittal posts resilient Q1 2026 with $0.6bn net income and strong EBITDA growth amid European market reset.

ArcelorMittal reported a net income of $0.6 billion and EBITDA of $1.68 billion in Q1 2026, driven by higher steel prices, improved operational efficiency, and strategic investments. The company highlighted a safer work environment and record iron ore production in Liberia. Key growth is expected from European market reforms limiting imports and new tariff rules starting July 2026, boosting domestic steel capacity utilization. Strategic projects, including new electric arc furnaces and mining expansions, support a positive outlook for free cash flow and shareholder returns in 2026 and beyond.