Initially at the time of purchase, the broker JP Morgan reviews its recommendation on the stock and proceeds to sell. The target price is decreased from EUR 53.50 to EUR 40.00.
ArcelorMittal is No. 1 worldwide for steelmaking. Net sales break down by activity as follows:
- sale of carbon flat steel (55.5%): spools of hot and cold rolled laminated steel, coated sheets, etc.;
- sale of carbon long steel (20.3%): 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 (3.1%);
- sale of iron ore and coal (2.5%);
- other (18.6%): 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 (9.3%), Poland (7.2%), France (6.7%), Spain (6.1%), Europe (23.3%), United States (15%), Americas (23.6%), and Asia and Africa (8.8%).
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Investor
Investor
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Global
Global
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Quality
Quality
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ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
