Recent Updates — AMSYF

ArcelorMittal reported third-quarter 2026 results with an adjusted net income of $868 million, or $1.15 per share, up from $683 million in the prior quarter. Reported net loss was $391 million due to $852 million in impairment and $293 million in exceptional charges related to the idling of its Kryvyi Rih steel plant in Ukraine. EBITDA increased 34% year-over-year to $2.0 billion, driven by higher margins and optimized assets. Net debt rose to $10.3 billion following shareholder returns and working capital investments. The company returned $1.1 billion to shareholders through dividends and buybacks during the first nine months of 2026. ArcelorMittal is the world’s leading integrated steel and mining company.

ArcelorMittal published third quarter 2026 sell-side analyst consensus figures compiled by Visible Alpha based on estimates from twelve brokers as of October 30, 2026. The consensus projects adjusted earnings per share of $0.84 and adjusted net income of $652 million, excluding anticipated non-cash charges related to the idling of its Kryvyi Rih facility in Ukraine. EBITDA is estimated at $1,972 million. ArcelorMittal is one of the world’s leading integrated steel and mining companies with primary operations in 14 countries.

ArcelorMittal announced on September 25, 2026, that it is unable to safely and sustainably restart operations at its Kryvyi Rih subsidiary in Ukraine following four missile strikes over five weeks. The attacks resulted in five fatalities and seventeen injuries, with extensive damage to production facilities. Consequently, the company expects to record a non-cash impairment charge of approximately US$1 billion, primarily reflecting the impairment of property, plant, and equipment at the facility. ArcelorMittal is one of the world’s leading integrated steel and mining companies.