ArcelorMittal net income falls 62% to $683 mn

ArcelorMittal net income fell 62 per cent to $683 million in the June 2026 quarter. The company said its sales rose to $16.8 billion during this period. CEO Aditya Mittal said, "Today's results demonstrate the continued evolution of our business towards structurally higher levels of profitability" despite the yearly drop.