StocksMediumUpdated•Originally published 5 November 2026•Updated 5 November 2026•
1 min read
ArcelorMittal Reports $2.02 Billion Q3 EBITDA Amid Higher EU Tariffs
Key Facts
1ArcelorMittal stated that higher steel tariffs in Europe are contributing to increased profits.
2Flat steel shipments in Europe rose from the previous quarter, defying normal seasonal patterns.
ArcelorMittal reported EBITDA of $2.02 billion for the third quarter of 2026. The company announced that revenue reached $16.5 billion during the period, noting that higher steel tariffs in Europe contributed to increased profitability.
The Wall Street Journal reported that flat steel shipments in the region rose from the previous quarter, defying typical seasonal patterns. Shares of ArcelorMittal, trading under the ticker MT, closed at $62.49 on November 4, 2026, while the EU Consumer Price Index reached 104.77 on the same date.