ArcelorMittal Reports Q1 2025 Financial Results

First-quarter sales for ArcelorMittal in 2025 were reported at $14.8 billion, marking a 9% decrease from the $16.3 billion recorded in the same period last year. This decline is attributed to weaker steel prices and a subdued global demand for steel.

Financial Performance Highlights

The company's net income saw a 14% year-on-year drop to $805 million, down from $938 million in Q1 2024. Additionally, basic earnings per share fell by 9.5% to $1.05, compared to $1.16 in the previous year. EBITDA also experienced a significant decline, dropping 19% to $1.6 billion from $2 billion a year earlier.

Resilience in a Challenging Market

Despite these challenges, ArcelorMittal highlighted its operational strength, particularly in Liberia and North America, which has helped support its margins. The company remains committed to its strategic investment plans and capital return policy, underscoring its resilience in a difficult market environment.