ArcelorMittal Nippon Steel India (AM/NS India) reported a 34 per cent increase in Ebitda to $217 million for the July–September 2025 quarter, up from $162 million in the same period last year, supported by higher shipment volumes. Sequentially, Ebitda rose 8.6 per cent from $200 million in the previous quarter. Steel shipments during the quarter stood at 1.94 million tonnes, up 2.8 per cent year-on-year. However, the benefit from higher volumes was partly offset by lower average steel prices. Quarterly sales amounted to $1.5 billion, reflecting a 2.7 per cent decline from the same period last year, while steel production reached 1.8 million tonnes, compared with 1.7 million tonnes a year earlier. The figures were released as part of ArcelorMittal’s consolidated results for the three and nine months ended 30 September 2025. The global steel major follows a January–December financial year and holds a 60 per cent equity stake in AM/NS India. Global performance and outlook ArcelorMittal, the world’s second-largest steel producer, reported net income of $377 million attributable to equity holders, up from $287 million in the same quarter last year. Adjusted net income fell slightly to $474 million from $488 million a year ago. The company’s Ebitda stood at $1.51 billion, compared to $1.58 billion in the corresponding period of 2024. Commenting on the results, Aditya Mittal, Chief Executive Officer of ArcelorMittal, said the company delivered resilient results during what is typically a seasonally weak quarter. He noted that the European Commission’s proposal for stronger trade measures was a key development during the quarter. “Once enacted, this will support the European steel industry’s ability to improve capacity utilisation, profitability, and investment confidence,” Mittal stated. He further expressed optimism about the 2026 outlook, saying that although market conditions remain challenging and tariff pressures persist, signs of stabilisation are emerging. “We expect to benefit from more supportive industry policies in key markets next year,” he added.