ArcelorMittal's EBITDA soars as iron ore production boosts earnings

In Q1 2025, ArcelorMittal, the world's second-largest steel manufacturer, experienced a significant financial recovery, reporting an EBITDA of $1.58 billion. This positive performance was largely fueled by increased production of iron ore in Liberia, combined with stable steel shipments. As steel demand continues to rise globally, excluding China, ArcelorMittal is well-positioned to benefit thanks to its strategic investments, particularly in rapidly growing markets such as India and regions with heavy infrastructure needs like the United States. Amid these developments, however, the market faces fluctuations in steel prices due to global trade tensions, especially between the U.S. and China.