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2 clusters · 15 sources · 20 days · First seen · Last updated

Categories: BUSINESS

ArcelorMittal 2026 earnings and volume outlook

Entities: European Union · Aditya Mittal · ArcelorMittal

Overview

On 10 July 2026, JPMorgan raised its target price for ArcelorMittal to €57, signaling confidence in the company's prospects. Ten days later, ArcelorMittal reported a strong second‑quarter performance, with sales of $16.8 billion (up 8.4% QoQ), EBITDA of $2.1 billion and net income of $683 million. The firm forecast stable or rising steel volumes in Europe for the second half of 2026, crediting recent EU trade measures that sharply cut non‑tariff import quotas and doubled tariffs above those limits. The outlook supported the company’s unchanged capex plan of $4.5‑$5.0 billion for the year.

Timeline

  1. about 18 hours ago

    [BUSINESS] 15 sources FAST-MOVING
    ArcelorMittal projects higher European steel volumes in H2 2026 and reports earnings growth

    ArcelorMittal expects higher European steel volumes in H2 2026 after 2Q sales of $16.8 bn, EBITDA $2.1 bn and a steady EU trade policy boost.

  2. 21 days ago

    [BUSINESS] 5 sources
    ArcelorMittal target price raised to €57 by JPMorgan

    JPMorgan raised ArcelorMittal’s target price to €57 and upgraded its rating to Neutral, citing EU steel safeguards and expected price gains, while also boosting outlooks for other European steel firms.

Sources

abcbourse.com · bpmoney.com.br · dgabc.com.br · eco.sapo.pt · infomoney.com.br · mobile.valor.com.br · moneytimes.com.br · negocios.com · newmediawire.com · stocknews.com · stocktitan.net · tnonline.uol.com.br · tribunadepetropolis.com.br · valor.globo.com · wawa-news.com