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    MT   LU1598757687

ARCELORMITTAL

(MT)
  Report
Real-time Euronext Amsterdam  -  08:01 2022-08-10 am EDT
24.65 EUR   +1.92%
05:21aExclusive-Indian companies swapping dollar for Asian currencies to buy Russian coal
RE
08/04ARCELORMITTAL : Big comeback of buyers
MS
07/29ARCELORMITTAL : 6-K - Form 6-K
PU
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Trending: Germany's Largest Metalworking Wage Increase in 30 Years

06/16/2022 | 04:55am EDT

German labor union IG Metall is amongst the most talked-about topics across news items in the past 12 hours, according to Factiva data, as companies employing 68,000 workers in Germany's iron and steel industry agreed to the biggest wage increase in the last three decades. Employers in Germany's northwest will raise salaries by 6.5% for 18 months starting in August and agreed to a one-off payment of 500 euros ($522), the labor union said Wednesday. Wage-increase negotiations with employers in eastern Germany are set to continue Friday. Strikes have troubled the German iron and steel industry since June 1. Tens of thousands of workers, including at major steel makers ArcelorMittal, Thyssenkrupp and Salzgitter, have staged coordinated warning strikes to put pressure on employers. Dow Jones & Co. owns Factiva. (pierre.bertrand@wsj.com)


(END) Dow Jones Newswires

06-16-22 0655ET

Stocks mentioned in the article
ChangeLast1st jan.
ARCELORMITTAL 1.90% 24.65 Real-time Quote.-14.07%
SALZGITTER AG 0.00% 24.5 Delayed Quote.-22.02%
THYSSENKRUPP AG -0.10% 5.86 Delayed Quote.-39.41%
All news about ARCELORMITTAL
05:21aExclusive-Indian companies swapping dollar for Asian currencies to buy Russian coal
RE
07/29ARCELORMITTAL : 6-K - Form 6-K
PU
07/29ArcelorMittal announces publication of its 2022 half-year report
GL
07/29ArcelorMittal announces publication of its 2022 half-year report
AQ
07/29TRANCHE UPDATE ON ARCELORMITTAL S.A. : MT)'s Equity Buyback Plan announced on May 13, 2022..
CI
07/29European ADRs Move Higher in Friday Trading
MT
07/29MINERS' PROFITS FACE AN UNUSUAL FOE : extreme weather
RE
07/29Deutsche Bank Adjusts ArcelorMittal's Price Target to $38 From $39, Maintains Buy Ratin..
MT
07/29ARCELORMITTAL : Deutsche Bank keeps its Buy rating
MD
07/29ArcelorMittal Starts $1.4 Billion Share Buyback Program
MT
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Analyst Recommendations on ARCELORMITTAL
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Financials (USD)
Sales 2022 78 201 M - -
Net income 2022 11 456 M - -
Net Debt 2022 1 859 M - -
P/E ratio 2022 1,92x
Yield 2022 1,91%
Capitalization 20 943 M 20 943 M -
EV / Sales 2022 0,29x
EV / Sales 2023 0,31x
Nbr of Employees 158 000
Free-Float 50,7%
Chart ARCELORMITTAL
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Technical analysis trends ARCELORMITTAL
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Last Close Price 24,74 $
Average target price 37,50 $
Spread / Average Target 51,6%
EPS Revisions
Managers and Directors
Aditya Mittal President, Chief Financial Officer & Director
Genuino M. Christino Chief Financial Officer & Executive Vice President
Lakshmi Niwas Mittal Executive Chairman
Pinakin Chaubal Chief Technology Officer
Henk Scheffer Secretary & Group Compliance Officer
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