ArcelorMittal, one of the world's largest integrated steel and mining companies, announced its first quarter financial results for 2025. The company achieved EBITDA of USD 1.6 billion and net income of USD 805 million in this period. EBITDA per ton was recorded as USD 116, while the company's operating profit was USD 825 million.
ArcelorMittal CEO Aditya Mittal said in a statement that despite global geopolitical uncertainties, the company performed resiliently and realized record production and shipments, especially in its iron ore operations in Liberia.
Profitable performance and strong operations
In the first quarter of 2025, ArcelorMittal's consolidated sales amounted to USD 14.8 billion. The company's net profit attributable to owners of the parent was USD 805 million, compared to a loss of USD 390 million in the previous quarter.
While the company maintained cost efficiency at its European plants, the return of North American operations to normal levels made a positive contribution. In Liberia, the company is targeting shipments of 10 million tons and expects to reach full capacity by the end of the year, generating an EBITDA contribution of USD 450 million from this segment.
Investments and growth projects continue
The company continued its investments for growth in 2025 without slowing down. The Hazira plant is targeted to reach a capacity of 15 million tons/year by the end of 2026, while new high value-added production lines in India are planned to be commissioned this year. In addition, the land acquisition process was initiated for an integrated green steel plant with a capacity of 7.3 million tons in Andhra Pradesh.
At the AMNS Calvert plant in the US, a new 1.5 million ton electric arc furnace (EAF) is being commissioned. This will be the first EAF in North America to supply high quality steel for the automotive industry with local production.
Carbon-free steel production and a call to Europe
ArcelorMittal welcomed the European Commission's Steel and Metal Action Plan in support of the steel sector, underlining the need for its swift and effective implementation. The company emphasized that it will remain committed to its sustainable growth targets by keeping its investments in low-carbon steel production in the range of 4.5 - 5 billion dollars per year.
CEO Mittal said that in the short term, it is necessary to be cautious about the uncertainties in trade policies, noting that the Section 232 tariffs in the US and the new anti-dumping measures in Europe give positive signals for domestic producers.
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