ArcelorMittal raises estimate on US tariff hit to $150 million-February 2024-www.financetom.com

ArcelorMittal raises estimate on US tariff hit to $150 million

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ArcelorMittal raises estimate on US tariff hit to $150 million

Jul 31, 2025 12:18 AM

July 31 (Reuters) - ArcelorMittal, the world's

second-largest steelmaker, has raised its estimate of the

financial impact from U.S. tariffs, finance chief Genuino

Christino said on Thursday.

The company now expects tariffs to reduce core profit by

$150 million this year, up from a $100 million forecast in

February.

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