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.P…