Overview
- ArcelorMittal Pecém posted a R$168.6 million net loss for 2025 after a record profit in 2024, citing U.S. steel surtaxes of up to 50% and the knock‑on shift in trade flows.
- Results weakened across the board as EBITDA fell 90.5% to R$102.7 million, gross profit dropped 82.8% to R$205.8 million, and net sales slipped 12% to R$9.2 billion.
- The plant is pushing higher‑value special steels to 40% of output, about 1.2 million tonnes a year, relying on process improvements rather than new capital spending.
- Management says it will keep R$1.69 billion in purchases in Ceará in 2026 and reports no cuts to its own workforce, even as subcontractor roles are refilled through other contracts.
- A separate dispute with contractor Evsa continues after a labor court ordered seizure of Evsa assets to cover R$15 million in severance for 398 workers, while ArcelorMittal Brasil’s Q1 Brazil revenue rose 6.1% to US$2.81 billion as operating profit and EBITDA fell.