(Reuters) -ArcelorMittal, the world's second largest steelmaker, reported quarterly core profit slightly above market expectations on Thursday, helped by a positive price-cost effect in Europe and a higher contribution from India.

The Luxembourg-based company's earnings before interest, taxes, depreciation and amortisation (EBITDA) were $1.86 billion in the second quarter, just above analysts' consensus estimate of $1.85 billion provided by the company.