ArcelorMittal Q3 net income drops 79%; net debt climbs to $9.1 bln
NegativeFinancial Markets

ArcelorMittal Q3 net income drops 79%; net debt climbs to $9.1 bln
ArcelorMittal reported a staggering 79% drop in net income for the third quarter, alongside a significant increase in net debt, which now stands at $9.1 billion. This decline highlights the challenges the steel giant is facing in a fluctuating market, raising concerns about its financial stability and future growth prospects. Investors and analysts will be closely monitoring how the company plans to navigate these tough conditions.
— via World Pulse Now AI Editorial System






