Arcelormittal ADR (MT)

$30.98 +0.43 (1.41%)
Market Cap 25.03B
Revenue (ttm) 62.44B
Net Income (ttm) 1.34B
EPS (ttm) N/A
PE Ratio 10.63
Forward PE 7.08
Profit Margin 2.14%
Debt to Equity Ratio 0.23
Volume 1,126,200
Avg Vol 1,572,044
Day's Range N/A - N/A
Shares Out 819.27M
Stochastic %K 86%
Beta 1.65
Analysts Strong Sell
Price Target $32.72

Company Profile

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural...

Industry: Steel
Sector: Basic Materials
Phone: 352 47 921
Fax: 352 4792 2675
Address:
24-26, Boulevard d’Avranches, Luxembourg City, Luxembourg
DonCorleone77
DonCorleone77 Jun. 20 at 10:20 AM
$CLF $MT $NUE $STLD $X Canada imposes steel, aluminum tariffs to curb imports, FT reports Canada's Prime Minister Mark Carney plans to impose measures to counter the oversupply of steel and aluminum imports and may increase tariffs on the U.S., The Financial Times' Ilya Gridneff reports. Carney says Canada will "adjust" its 25% counter-tariffs on imports of the two metals from the U.S., based on how talks with Washington had progressed by July 21, adding that Canada will also apply new tariffs on any increase beyond 2024 levels in steel imports from countries that do not have a free trade agreement with Canada. Publicly traded companies in the space include ArcelorMittal (MT), Cleveland-Cliffs (CLF), Nucor (NUE), Steel Dynamics (STLD) and U.S. Steel (X).
0 · Reply
Robertbirch
Robertbirch Jun. 16 at 9:21 PM
$MT this was good buy $22 to 24. I said 50% gain possible from that price by this summer. Now with Trump approval of US Steel and Nippon, MT gets nippons 50% share in Alabama mill for nothing.
0 · Reply
DonCorleone77
DonCorleone77 Jun. 10 at 8:37 PM
$CLF $MT $NUE $STLD $X U.S., Mexico near deal to remove 50% steel tariffs, Bloomberg reports The U.S. and Mexico are close to a deal that would remove President Trump's 50%tariffs on steel imports up to a certain volume, Joe Deaux and Eric Martin of Bloomberg report, citing people familiar with the matter. Trump hasn;t been directly involved in the negotiations and would need to sign off on any deal, Bloomberg added. The talks are being led by Commerce Secretary Howard Lutnick, sources told Bloomberg. The agreement, which hasn't been finalized, would allow U.S. buyers to import Mexican steel duty-free as long as they kept total shipments below a level based on historical trade volumes, according to the people. The new cap would be higher than what was allowed under a similar deal during Trump's first term, the sources added. Publicly traded companies in the steel space include ArcelorMittal (MT), Cleveland-Cliffs (CLF), Nucor (NUE), Steel Dynamics (STLD) and U.S. Steel (X).
2 · Reply
Delta602
Delta602 May. 30 at 10:31 PM
$SPY more inflation. Recession dynamics back on the table $MT $X
1 · Reply
escuintla
escuintla May. 30 at 10:25 PM
$CLF $MT $NPSCY $SPY $X 🕛🕛🕛🕛
0 · Reply
DonCorleone77
DonCorleone77 May. 30 at 10:18 PM
$SPY $X $CLF $MT $NPSCY Trump to increase steel tariffs to 50% from 25%, Bloomberg reports U.S. President Donald Trump said he would raise tariffs on steel to 50% from 25%, claiming such an action would help protect American steelworkers during a visit to a U.S. Steel (X) factory on Friday, Bloomberg's Josh Wingrove and Joe Deaux report. The president was visiting the plant to champion the expected tie-up between U.S. Steel and Nippon Steel (NPSCY) as one that would ensure the American company continues to be U.S.-owned and operated, even as details on the pact are still scarce, the authors say. Trump said the new tariffs would benefit the new entity's U.S. operations, the authors note. Other publicly traded companies in the space include ArcelorMittal (MT), Cleveland-Cliffs (CLF), Nucor (NUE), and Steel Dynamics (STLD).
0 · Reply
DonCorleone77
DonCorleone77 May. 26 at 6:57 PM
$MT $X $NPSCY U.S. Steel deal 'major positive' for ArcelorMittal, says JPMorgan JPMorgan analyst Dominic O'Kane believes Nippon Steel (NPSCY) receiving approval for acquiring U.S. Steel (STLD) could have "significant, positive consequences" for ArcelorMittal (MT). Under the terms of an October 2024 contract, Mittal will acquire Nippon's 50% stake in their 50/50 Calvert venture for $1 and will cancel joint venture shareholders loans of $1B, the analyst tells investors in a research note. JPMorgan believes confirmation of ArcelorMittal's purchase, which remains to be confirmed, would be a major positive for ArcelorMittal. The firm keeps a Neutral rating on the shares.
1 · Reply
CHItraders
CHItraders May. 21 at 12:33 PM
$MT Medtronic confirms plans to separate diabetes business through 2-step capital market transaction
0 · Reply
ZacksResearch
ZacksResearch May. 19 at 7:03 PM
$MT bold decarbonization push in France — a game changer? 🌍 💶 €1.2B investment in Dunkirk's first electric arc furnace 🔧 Part of a €2B strategy to solidify French operations Discover why this matters for ArcelorMittal 👉 https://www.zacks.com/commentary/2473688/arcelormittal-to-invest-12b-euros-to-decarbonize-operations-in-dunkirk?cid=sm-stocktwits-2-2473688-body&ADID=SYND_STOCKTWITS_TWEET_2_2473688_BODY
0 · Reply
TeresaTrades
TeresaTrades May. 15 at 6:00 PM
Heavy options volume $GPN $MT $FL $TIGR $APA
0 · Reply
Latest News on MT
ArcelorMittal signs deal to sell its steel mill and iron ore mine in Bosnia

Jun 20, 2025, 9:58 AM EDT - 5 days ago

ArcelorMittal signs deal to sell its steel mill and iron ore mine in Bosnia

ArcelorMittal announces sale of Bosnian operations

Jun 20, 2025, 9:30 AM EDT - 5 days ago

ArcelorMittal announces sale of Bosnian operations

What's Next For ArcelorMittal Stock After A 35% Rally?

Jun 20, 2025, 6:00 AM EDT - 5 days ago

What's Next For ArcelorMittal Stock After A 35% Rally?

ArcelorMittal drops plans for green steel in Germany due to high energy costs

Jun 19, 2025, 6:28 PM EDT - 5 days ago

ArcelorMittal drops plans for green steel in Germany due to high energy costs

ArcelorMittal completes the acquisition of Nippon Steel Corporation's interest in AM/NS Calvert

Jun 18, 2025, 1:30 PM EDT - 6 days ago

ArcelorMittal completes the acquisition of Nippon Steel Corporation's interest in AM/NS Calvert

ArcelorMittal's Canadian unit to close Hamilton wire drawing mill, lay off 153 workers

Jun 11, 2025, 12:54 PM EDT - 13 days ago

ArcelorMittal's Canadian unit to close Hamilton wire drawing mill, lay off 153 workers

His Excellency Joseph Boakai, President of Liberia, and ArcelorMittal Executive Chairman Mr. Lakshmi Mittal attend inauguration of new concentrator

Jun 5, 2025, 1:32 PM EDT - 19 days ago

His Excellency Joseph Boakai, President of Liberia, and ArcelorMittal Executive Chairman Mr. Lakshmi Mittal attend inauguration of new concentrator

ArcelorMittal Is Losing The Margin War–Here's Why

May 16, 2025, 6:05 AM EDT - 5 weeks ago

ArcelorMittal Is Losing The Margin War–Here's Why

Designated person notification

May 14, 2025, 8:15 AM EDT - 6 weeks ago

Designated person notification

ArcelorMittal announces results of its General Meeting

May 6, 2025, 9:15 AM EDT - 7 weeks ago

ArcelorMittal announces results of its General Meeting

ArcelorMittal S.A. (MT) Q1 2025 Earnings Call Transcript

May 1, 2025, 10:44 PM EDT - 7 weeks ago

ArcelorMittal S.A. (MT) Q1 2025 Earnings Call Transcript

ArcelorMittal Profit Declines But Beats Views

Apr 30, 2025, 1:58 AM EDT - 2 months ago

ArcelorMittal Profit Declines But Beats Views

France to seek protection from Chinese steel imports after ArcelorMittal job cuts

Apr 24, 2025, 5:33 AM EDT - 2 months ago

France to seek protection from Chinese steel imports after ArcelorMittal job cuts

ArcelorMittal announces the publication of its first quarter 2025 sell-side analyst consensus figures

Apr 17, 2025, 1:00 PM EDT - 2 months ago

ArcelorMittal announces the publication of its first quarter 2025 sell-side analyst consensus figures

ArcelorMittal publishes its 2024 Sustainability Report

Apr 17, 2025, 2:30 AM EDT - 2 months ago

ArcelorMittal publishes its 2024 Sustainability Report

ArcelorMittal's Big Buyback Plan Will Enrich Shareholders

Apr 8, 2025, 10:59 AM EDT - 2 months ago

ArcelorMittal's Big Buyback Plan Will Enrich Shareholders

New ‘Steel Works' series showcases the role of R&D in driving innovation at ArcelorMittal

Apr 7, 2025, 11:27 AM EDT - 2 months ago

New ‘Steel Works' series showcases the role of R&D in driving innovation at ArcelorMittal

ArcelorMittal announces the commencement of a new share buyback program over the period 2025-2030

Apr 7, 2025, 2:30 AM EDT - 2 months ago

ArcelorMittal announces the commencement of a new share buyback program over the period 2025-2030

ArcelorMittal announces updated financial calendar for 2025

Apr 4, 2025, 11:54 AM EDT - 2 months ago

ArcelorMittal announces updated financial calendar for 2025

ArcelorMittal publishes convening notice for its Annual General Meeting of shareholders

Apr 4, 2025, 2:00 AM EDT - 2 months ago

ArcelorMittal publishes convening notice for its Annual General Meeting of shareholders

ArcelorMittal announces the completion of its 85 million shares buyback program

Apr 2, 2025, 4:30 AM EDT - 3 months ago

ArcelorMittal announces the completion of its 85 million shares buyback program

ArcelorMittal announces publication of the 2024 statutory financial statements of ArcelorMittal parent company

Mar 27, 2025, 12:47 PM EDT - 3 months ago

ArcelorMittal announces publication of the 2024 statutory financial statements of ArcelorMittal parent company

ArcelorMittal indicted in Fos-sur-Mer pollution case in France

Mar 25, 2025, 7:12 AM EDT - 3 months ago

ArcelorMittal indicted in Fos-sur-Mer pollution case in France

Designated Person Notification

Mar 17, 2025, 12:31 PM EDT - 3 months ago

Designated Person Notification

Undercovered Dozen: ArcelorMittal, Atlanta Braves Holdings, Geely Auto, UPS+

Mar 14, 2025, 4:30 PM EDT - 3 months ago

Undercovered Dozen: ArcelorMittal, Atlanta Braves Holdings, Geely Auto, UPS+

BATRA UPS

ArcelorMittal Nippon sues India over raw material imports as fight escalates

Mar 12, 2025, 6:10 AM EDT - 3 months ago

ArcelorMittal Nippon sues India over raw material imports as fight escalates

ArcelorMittal announces the publication of its 2024 annual report

Mar 10, 2025, 6:55 PM EDT - 3 months ago

ArcelorMittal announces the publication of its 2024 annual report

ArcelorMittal publishes its Annual Report 2024 on Form 20-F

Mar 10, 2025, 3:07 PM EDT - 3 months ago

ArcelorMittal publishes its Annual Report 2024 on Form 20-F

Even With Considerable Uncertainty In Steel, ArcelorMittal Looks Too Cheap

Mar 10, 2025, 2:03 AM EDT - 3 months ago

Even With Considerable Uncertainty In Steel, ArcelorMittal Looks Too Cheap

Exclusive: ArcelorMittal-Nippon say import curbs may hit India production, delay expansion

Mar 5, 2025, 5:43 AM EST - 4 months ago

Exclusive: ArcelorMittal-Nippon say import curbs may hit India production, delay expansion

ArcelorMittal Nippon Steel India seeks LNG over 5-year period, say sources

Feb 20, 2025, 3:24 AM EST - 4 months ago

ArcelorMittal Nippon Steel India seeks LNG over 5-year period, say sources

ArcelorMittal S.A. (MT) Q4 2024 Earnings Call Transcript

Feb 6, 2025, 12:57 PM EST - 4 months ago

ArcelorMittal S.A. (MT) Q4 2024 Earnings Call Transcript

ArcelorMittal S.A.: ArcelorMittal reports fourth quarter 2024 and full year 2024 results

Feb 6, 2025, 1:00 AM EST - 4 months ago

ArcelorMittal S.A.: ArcelorMittal reports fourth quarter 2024 and full year 2024 results

ArcelorMittal announces the publication of its fourth quarter and full year 2024 sell-side analyst consensus figures

Jan 28, 2025, 10:46 AM EST - 5 months ago

ArcelorMittal announces the publication of its fourth quarter and full year 2024 sell-side analyst consensus figures

Stock Picks From Seeking Alpha's December 2024 New Analysts

Jan 7, 2025, 8:00 AM EST - 6 months ago

Stock Picks From Seeking Alpha's December 2024 New Analysts

ALGM CE CEG DOCS ETD FDVV FSS

ArcelorMittal's South Africa Business to Wind Down Long-Steel Production

Jan 6, 2025, 3:39 AM EST - 6 months ago

ArcelorMittal's South Africa Business to Wind Down Long-Steel Production

ArcelorMittal: My 2025 Industrial Pick As European Production Wakes Up

Dec 23, 2024, 1:10 AM EST - 6 months ago

ArcelorMittal: My 2025 Industrial Pick As European Production Wakes Up

ArcelorMittal Stock Could Double And Touch $70

Dec 12, 2024, 11:00 AM EST - 6 months ago

ArcelorMittal Stock Could Double And Touch $70

ArcelorMittal Announces Pricing of Bond Issue

Dec 10, 2024, 1:00 PM EST - 7 months ago

ArcelorMittal Announces Pricing of Bond Issue

ArcelorMittal announces financial calendar for 2025

Dec 6, 2024, 2:30 AM EST - 7 months ago

ArcelorMittal announces financial calendar for 2025

ArcelorMittal delays green transition plans blaming lack of EU support

Nov 26, 2024, 4:50 AM EST - 7 months ago

ArcelorMittal delays green transition plans blaming lack of EU support

ArcelorMittal provides update on its European decarbonization plans

Nov 26, 2024, 2:30 AM EST - 7 months ago

ArcelorMittal provides update on its European decarbonization plans

ArcelorMittal: Low Valuation And Economic Tailwinds Could Lead To A Stock Rebound

Nov 24, 2024, 7:49 AM EST - 7 months ago

ArcelorMittal: Low Valuation And Economic Tailwinds Could Lead To A Stock Rebound

South African labour union to strike at ArcelorMittal over job cuts

Nov 13, 2024, 10:06 AM EST - 8 months ago

South African labour union to strike at ArcelorMittal over job cuts

ArcelorMittal S.A. (MT) Q3 2024 Earnings Call Transcript

Nov 7, 2024, 12:13 PM EST - 8 months ago

ArcelorMittal S.A. (MT) Q3 2024 Earnings Call Transcript

ArcelorMittal S.A.: ArcelorMittal reports third quarter 2024 results

Nov 7, 2024, 1:00 AM EST - 8 months ago

ArcelorMittal S.A.: ArcelorMittal reports third quarter 2024 results

ArcelorMittal announces the publication of its third quarter 2024 sell-side analyst consensus figures

Oct 28, 2024, 6:00 AM EDT - 8 months ago

ArcelorMittal announces the publication of its third quarter 2024 sell-side analyst consensus figures

VELUX Group signs long-term agreement with ArcelorMittal to supply low carbon-emission steel

Oct 15, 2024, 8:01 AM EDT - 9 months ago

VELUX Group signs long-term agreement with ArcelorMittal to supply low carbon-emission steel

Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal

Oct 11, 2024, 6:33 AM EDT - 9 months ago

Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal

X

Nippon Steel to sell Calvert JV to ArcelorMittal if U.S. Steel deal completed

Oct 11, 2024, 3:01 AM EDT - 9 months ago

Nippon Steel to sell Calvert JV to ArcelorMittal if U.S. Steel deal completed

X

DonCorleone77
DonCorleone77 Jun. 20 at 10:20 AM
$CLF $MT $NUE $STLD $X Canada imposes steel, aluminum tariffs to curb imports, FT reports Canada's Prime Minister Mark Carney plans to impose measures to counter the oversupply of steel and aluminum imports and may increase tariffs on the U.S., The Financial Times' Ilya Gridneff reports. Carney says Canada will "adjust" its 25% counter-tariffs on imports of the two metals from the U.S., based on how talks with Washington had progressed by July 21, adding that Canada will also apply new tariffs on any increase beyond 2024 levels in steel imports from countries that do not have a free trade agreement with Canada. Publicly traded companies in the space include ArcelorMittal (MT), Cleveland-Cliffs (CLF), Nucor (NUE), Steel Dynamics (STLD) and U.S. Steel (X).
0 · Reply
Robertbirch
Robertbirch Jun. 16 at 9:21 PM
$MT this was good buy $22 to 24. I said 50% gain possible from that price by this summer. Now with Trump approval of US Steel and Nippon, MT gets nippons 50% share in Alabama mill for nothing.
0 · Reply
DonCorleone77
DonCorleone77 Jun. 10 at 8:37 PM
$CLF $MT $NUE $STLD $X U.S., Mexico near deal to remove 50% steel tariffs, Bloomberg reports The U.S. and Mexico are close to a deal that would remove President Trump's 50%tariffs on steel imports up to a certain volume, Joe Deaux and Eric Martin of Bloomberg report, citing people familiar with the matter. Trump hasn;t been directly involved in the negotiations and would need to sign off on any deal, Bloomberg added. The talks are being led by Commerce Secretary Howard Lutnick, sources told Bloomberg. The agreement, which hasn't been finalized, would allow U.S. buyers to import Mexican steel duty-free as long as they kept total shipments below a level based on historical trade volumes, according to the people. The new cap would be higher than what was allowed under a similar deal during Trump's first term, the sources added. Publicly traded companies in the steel space include ArcelorMittal (MT), Cleveland-Cliffs (CLF), Nucor (NUE), Steel Dynamics (STLD) and U.S. Steel (X).
2 · Reply
Delta602
Delta602 May. 30 at 10:31 PM
$SPY more inflation. Recession dynamics back on the table $MT $X
1 · Reply
escuintla
escuintla May. 30 at 10:25 PM
$CLF $MT $NPSCY $SPY $X 🕛🕛🕛🕛
0 · Reply
DonCorleone77
DonCorleone77 May. 30 at 10:18 PM
$SPY $X $CLF $MT $NPSCY Trump to increase steel tariffs to 50% from 25%, Bloomberg reports U.S. President Donald Trump said he would raise tariffs on steel to 50% from 25%, claiming such an action would help protect American steelworkers during a visit to a U.S. Steel (X) factory on Friday, Bloomberg's Josh Wingrove and Joe Deaux report. The president was visiting the plant to champion the expected tie-up between U.S. Steel and Nippon Steel (NPSCY) as one that would ensure the American company continues to be U.S.-owned and operated, even as details on the pact are still scarce, the authors say. Trump said the new tariffs would benefit the new entity's U.S. operations, the authors note. Other publicly traded companies in the space include ArcelorMittal (MT), Cleveland-Cliffs (CLF), Nucor (NUE), and Steel Dynamics (STLD).
0 · Reply
DonCorleone77
DonCorleone77 May. 26 at 6:57 PM
$MT $X $NPSCY U.S. Steel deal 'major positive' for ArcelorMittal, says JPMorgan JPMorgan analyst Dominic O'Kane believes Nippon Steel (NPSCY) receiving approval for acquiring U.S. Steel (STLD) could have "significant, positive consequences" for ArcelorMittal (MT). Under the terms of an October 2024 contract, Mittal will acquire Nippon's 50% stake in their 50/50 Calvert venture for $1 and will cancel joint venture shareholders loans of $1B, the analyst tells investors in a research note. JPMorgan believes confirmation of ArcelorMittal's purchase, which remains to be confirmed, would be a major positive for ArcelorMittal. The firm keeps a Neutral rating on the shares.
1 · Reply
CHItraders
CHItraders May. 21 at 12:33 PM
$MT Medtronic confirms plans to separate diabetes business through 2-step capital market transaction
0 · Reply
ZacksResearch
ZacksResearch May. 19 at 7:03 PM
$MT bold decarbonization push in France — a game changer? 🌍 💶 €1.2B investment in Dunkirk's first electric arc furnace 🔧 Part of a €2B strategy to solidify French operations Discover why this matters for ArcelorMittal 👉 https://www.zacks.com/commentary/2473688/arcelormittal-to-invest-12b-euros-to-decarbonize-operations-in-dunkirk?cid=sm-stocktwits-2-2473688-body&ADID=SYND_STOCKTWITS_TWEET_2_2473688_BODY
0 · Reply
TeresaTrades
TeresaTrades May. 15 at 6:00 PM
Heavy options volume $GPN $MT $FL $TIGR $APA
0 · Reply
wallstreet_gangsta2
wallstreet_gangsta2 May. 14 at 2:26 PM
$CLF $NUE $MT sold all steel names , act boring
0 · Reply
Niveshniti
Niveshniti May. 9 at 4:05 AM
📈 Top Business Headlines | May 2025 🏭 Industry & Investments $MT begins clean energy supply from 1-GW Andhra plant to AMNS $UNOMINDA.NSE allocates ₹200 Cr for new Haryana auto components plant 💡 Startups & Tech DPIIT partners with Hafele India to boost manufacturing startups Porter hits unicorn status with $200 Mn funding led by Kedaara OYO becomes India’s most profitable startup (FY25 PAT: ₹623 Cr) 🏦 Banking & Finance $PNB.NSE targets record-low bad loans via higher recoveries 🔋 Energy & Sustainability $COALINDIA.NSE to set up $3 Bn clean energy projects Bharat Forge Q4 PAT up 24% YoY (₹282.6 Cr) 🚀 Quick Takes $GRSE.NSE delivers anti-submarine warfare craft to Navy
0 · Reply
ZacksResearch
ZacksResearch May. 8 at 11:34 AM
Sales of $MT are hurt by lower average steel selling prices in the first quarter of 2025. Read more: https://www.zacks.com/stock/news/2464969/arcelormittals-earnings-and-revenues-surpass-estimates-in-q1?cid=sm-stocktwits-2-2464969-teaser&ADID=SYND_STOCKTWITS_TWEET_2_2464969_TEASER
0 · Reply
wallstreet_gangsta2
wallstreet_gangsta2 May. 2 at 4:27 PM
$CLF $MT $NUE steely portfolio 😍🤓🤓🤓🤓
0 · Reply
wallstreet_gangsta2
wallstreet_gangsta2 May. 2 at 1:06 PM
$CLF $MT 🤓🤓🤓😎😎
0 · Reply
wallstreet_gangsta2
wallstreet_gangsta2 May. 2 at 1:04 PM
$CLF $MT 🤓🤓🤓🤓🤓🤓🤓😎😎😎😎😎
0 · Reply
wallstreet_gangsta2
wallstreet_gangsta2 May. 2 at 12:41 PM
$CLF $MT $NUE all up yugee premarket , I have nothing but steel in portfolio 🤓🤓🤓🤓
1 · Reply
Paardaam
Paardaam Apr. 30 at 3:24 PM
$MT hahah some low iqs here just choose to block or be blocked instead of arguing a valid point. If you have no knowledge you would just either shut up and listen or go away :) funny !!! Comparisons to my point need to be similar size, earnings power and capital structure . NO company absolutely no company that qualifies to those criteria have no tutes involved . Only MT.. and that’s fishy and very discomforting .
0 · Reply
wallstreet_gangsta2
wallstreet_gangsta2 Apr. 30 at 2:30 PM
$MT $GGB $NUE $CLF $4MILLION portfolio owning all steel names 🤓🤓🤓🤓🤓🤓🤓
0 · Reply
Paardaam
Paardaam Apr. 30 at 12:55 PM
$MT same question I have been asking for over 15 years. Why no institutional ownership ?
1 · Reply
OpenOutcrier
OpenOutcrier Apr. 30 at 12:23 PM
$MT (-6.6% pre) ArcelorMittal Profit Declines But Beats Views https://finance.yahoo.com/m/39846ca7-9e81-38ae-9c68-d4450f3e76cb/arcelormittal-profit-declines.html
0 · Reply
DonCorleone77
DonCorleone77 Apr. 30 at 10:43 AM
$MT ArcelorMittal sees FY25 capital expenditures $4.5B-$5B The company said, "Despite a more uncertain outlook, the Company has made no changes to its investment plans or capital return priorities. Capex in 2025 is projected to be within the range of $4.5-$5.0 billion, including $1.4-$1.5 billion on our strategic growth projects and $0.3-$0.4 billion on projects related to decarbonization. The outlook for free cash flow remains positive in 2025 and beyond; cash flow in 2025 is expected to be supported by working capital optimization; and the completion of the Company's strategic growth projects is expected to support structurally higher EBITDA and investable cash flow in the coming periods. Given this positive outlook, and in line with its defined capital return policy, the Company has initiated a new long-term share buyback program, with the first tranche of 10 million shares commencing on April 7, 2025."
1 · Reply