Global steelmaker ArcelorMittal reported robust earnings for the fourth quarter of 2025, supported by strong demand in key sectors such as automotive, construction and energy infrastructure, company executives said on Tuesday.

The world’s largest steel producer beat market expectations on core profit and said demand trends remain positive in emerging markets.

Operational performance reflected improved efficiency and a focus on higher-value steel products that help sustain pricing power even in competitive markets. Shares in ArcelorMittal rose in early European trading as investors welcomed the upbeat outlook.

Analysts said the results could signal broader resilience in industrial materials demand despite macro uncertainties.

Growth in steel demand was particularly notable in regions investing in infrastructure and energy projects, where robust capital spending underpins consumption of industrial metals.

ArcelorMittal executives cited multiple projects across Asia and Africa that contributed to higher order volumes. The company’s strategic focus on specialised steel products also helped maintain margins in diverse market conditions.

Industry analysts said that global steel markets remain sensitive to macroeconomic and trade policy shifts that can influence production and pricing dynamics.

Tariffs, export incentives and supply chain adjustments play roles in shaping competitive landscapes. Despite these variables, steel demand fundamentals appeared supportive in the near term.

Energy and raw material costs are ongoing considerations for steel producers, with fluctuations in iron ore and energy prices affecting cost structures.

ArcelorMittal said it continues to manage input costs through efficiency measures, while balancing production levels with global demand signals. Investors said that such cost management strategies are key to sustaining profitability.

Looking ahead, analysts will watch indicators such as manufacturing output, housing starts and global infrastructure spending for clues on future steel demand.

ArcelorMittal’s results offer a positive snapshot for the sector but external variables may affect outlooks in the coming quarters.

Source: Reuters.