ArcelorMittal

MT

LU1598757687

Iron & Steel

Market Closed - Euronext Amsterdam Other stock markets 11:35:19 2024-05-10 am EDT			5-day change	1st Jan Change
23.88 ^EUR	+0.84%		-1.73%	-6.99%

May. 10	ArcelorMittal: 213 ME investment in an electric arc furnace	CF
May. 10	ArcelorMittal Commences Electric Arc Furnace Project at Spanish Plant	MT

ARCELORMITTAL : Upgraded to Neutral by Oddo

February 07, 2020 at 03:41 am EST

Oddo's analyst Alain William upgraded the rating on the company from Sell to Neutral. Previously set at EUR 13, the target price has been raised to EUR 17.

Latest news about ArcelorMittal

ArcelorMittal: 213 ME investment in an electric arc furnace	May. 10	CF
ArcelorMittal Commences Electric Arc Furnace Project at Spanish Plant	May. 10	MT
Goldman Sachs Starts ArcelorMittal With Neutral Rating, $29.60 Price Target	May. 09	MT
ARCELORMITTAL : Goldman Sachs from Sell to Neutral	May. 09	ZD
ARCELORMITTAL : Barclays remains Neutral	May. 07	ZD
Salzgitter share price collapses due to capped forecasts	May. 07	DP
EU clears $14.9 bln purchase of U.S. Steel by Japan's Nippon	May. 06	RE
ArcelorMittal Warns of Potential UK Exit Amid Redevelopment Proposal for Local Site	May. 06	MT
ARCELORMITTAL : Deutsche Bank sticks Neutral	May. 03	ZD
Glencore plans to join the BHP-Anglo takeover battle	May. 03
ARCELORMITTAL : Gets a Buy rating from JP Morgan	May. 03	ZD
Materials Slip Amid Mixed Earnings -- Materials Roundup	May. 02	DJ
CAC40: down towards 7900pts, weighed down by Stellantis and STMicro	May. 02	CF
Global markets live: Etsy, Qualcomm, Carvana, Rio Tinto, Apple...	May. 02
CAC40: heaviness prevails, despite more positive W-Street	May. 02	CF
CAC40: down towards 7935, WStreet stagnates, as do US rates	May. 02	CF
Transcript : ArcelorMittal S.A., Q1 2024 Earnings Call, May 02, 2024	May. 02
News Highlights : Top Company News of the Day - Thursday at 7 AM ET	May. 02	DJ
ARCELORMITTAL : Receives a Buy rating from UBS	May. 02	ZD
ARCELORMITTAL : Q124: a positive release and outlook.	May. 02
ARCELORMITTAL : Jefferies keeps its Buy rating	May. 02	ZD
News Highlights : Top Company News of the Day - Thursday at 5 AM ET	May. 02	DJ
CAC40: in the red following Fed statement	May. 02	CF
European Midday Briefing : Stocks Steady as Powell Suggests Rate Hike Unlikely	May. 02	DJ
ArcelorMittal's Q1 Adjusted Earnings, Revenue Fall	May. 02	MT

ArcelorMittal is No. 1 worldwide for steelmaking. Net sales break down by activity as follows: - sale of carbon flat steel (56.6%): spools of hot and cold rolled laminated steel, coated sheets, etc.; - sale of carbon long steel (20.7%): I-beams, concrete rounds, merchant steels, machine wire, saw wire, steel pilings, mass transit rails, special profiles, and wire drawing products; - sale of tubular products (3.2%); - sale of iron ore and coal (1.8%); - other (17.7%): primarily steel processing, distribution and trading. The group's products are primarily intended for the following sectors: automotive, household appliances, packaging and construction. Net sales are distributed geographically as follows: Germany (9.6%), Poland (6.5%), France (6.8%), Spain (5.8%), Europe (23.7%), United States (13%), Americas ( 25.4%), Asia and Africa (9.2%).

Sector

Iron & Steel

Calendar

2024-08-01 - Q2 2024 Earnings Release

Related indices

CAC 40 , STOXX EUROPE 600 (EUR) , IBEX 35 , AEX

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

ARCELORMITTAL : Q124: a positive release and outlook.

May 02, 2024 at 07:10 am EDT

ArcelorMittal : Appearances can be deceptive

May 10, 2023 at 05:58 am EDT

More Strategies

Ratings for ArcelorMittal

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

25.72 USD

Average target price

34.05 USD

Spread / Average Target

+32.40%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Steel

	1st Jan change	Capi.
ARCELORMITTAL	-6.99%	21.07B
NUCOR CORPORATION	+0.25%	41.83B
TATA STEEL LIMITED	+16.38%	24.26B
POSCO HOLDINGS INC.	-19.72%	22.22B
STEEL DYNAMICS, INC.	+14.46%	21.35B
NIPPON STEEL CORPORATION	+2.48%	19.56B
JFE HOLDINGS, INC.	+5.78%	9.44B
UNITED STATES STEEL CORPORATION	-21.85%	8.55B
CLEVELAND-CLIFFS INC.	-15.18%	8.24B
STEEL AUTHORITY OF INDIA LIMITED	+26.89%	7.76B

Other Steel

ArcelorMittal

Equities

MT

LU1598757687

Iron & Steel

ARCELORMITTAL : Upgraded to Neutral by Oddo

Latest news about ArcelorMittal

Chart ArcelorMittal

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for ArcelorMittal

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Steel