Weekly Recap: Q2 EBITDA $2.06B and EU safeguards to cut imports 45%

ArcelorMittal SA ADR (EURONEXT:MT) reported Q2 EBITDA $2.06B, operating income $1.06B and net income $683M on $16.76B sales with adjusted EPS $0.89 and 5.2% revenue growth, while EU safeguards and a carbon border levy could cut imports ~45% from 2025, improving MT’s outlook amid a 44.2% YTD rally.

Previous Week Recap

• ArcelorMittal SA ADR Q2 Highlights: ArcelorMittal ADR (MT) Q2: EBITDA $2.06B, operating income $1.06B, net income $683M, sales $16.76B. Adjusted EPS $0.89 vs $1.32 LY. Revenue +5.2% YoY. Stock +44.2% YTD.
• EU Safeguards Boost Outlook: EU safeguards — stricter import quotas and a carbon border levy — could cut EU steel imports about 45% from 2025, boosting ArcelorMittal SA ADR (MT) outlook for traders.

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