ArcelorMittal Reports Turnaround with Strategic Moves and Renewables Push

ArcelorMittal reported a net income of USD 177 million for Q4 2025, reversing a loss from the previous year. Although steel production dropped, sales increased. CEO Aditya Mittal highlighted the company's growth in India, including new renewable energy projects. A dividend increase to $0.60 per share is proposed.

Global steel producer ArcelorMittal announced a net income of USD 177 million for the December quarter, a significant turnaround from the USD 390 million loss recorded in the previous year. The Luxembourg-based company's sales saw a 2% rise despite an 8% decline in crude steel production.

CEO Aditya Mittal stated that 2025 was a pivotal year for both the steel industry and ArcelorMittal. He highlighted the company's expansion in India and its strategic move into renewable energy projects, which aim to double its renewable capacity in the country.

The company plans to propose a dividend increase to $0.60 per share at the next annual general meeting, with interim dividend payments starting in March 2026.

(With inputs from agencies.)