ArcelorMittal

MT

LU1598757687

Iron & Steel

Market Closed - Euronext Amsterdam Other stock markets 09:05:08 31/05/2024 pm IST			5-day change	1st Jan Change
24.16 ^EUR	+1.05%		+1.38%	-5.90%

31/05	ArcelorMittal Construction Buys Italpannelli’s Italian, Spanish Units	MT
31/05	ArcelorMittal Calls on Next UK Government to Prevent Redevelopment of Chatham Docks Site	MT

ARCELORMITTAL : Deutsche Bank reaffirms its Buy rating

September 05, 2019 at 02:40 pm IST

Analyst Bastian Synagowitz from Deutsche Bank research considers the stock attractive and recommends it with a Buy rating. The target price is lowered from EUR 22 to EUR 19.

Latest news about ArcelorMittal

ArcelorMittal Construction Buys Italpannelli’s Italian, Spanish Units	31/05	MT
ArcelorMittal Calls on Next UK Government to Prevent Redevelopment of Chatham Docks Site	31/05	MT
Curtain down for the BHP-Anglo takeover saga	30/05
Anglo rejects BHP’s call for an extended negotiation timeline	29/05
BHP seeks another extension of negotiations with Anglo	29/05
Even BHP’s third offer wasn’t good enough	22/05
ArcelorMittal Signs Letter of Intent for Low-carbon Electricity Supply in Belgium Unit	22/05	MT
ArcelorMittal, Partners Launch Carbon Capture Pilot at Gent Plant in Belgium	22/05	MT
ArcelorMittal and Partners Mitsubishi Heavy Industries, Ltd., BHP, Mitsubishi Development Pty Ltd Successfully Start Operating A Pilot Carbon Capture Unit on the Blast Furnace Off-Gas At ArcelorMittal Gent in Belgium	22/05	CI
CAC40: reduced losses in the second half of the session	21/05	CF
CAC40: back to 8100, insignificant volumes	21/05	CF
ArcelorMittal, BHP, Mitsubishi Heavy Industries Start Operating Trial Carbon Capture Unit at Belgian Steel Plant	21/05	MT
ArcelorMittal: start-up of CO2 capture project in Ghent	21/05	CF
ArcelorMittal needs cheap power, hydrogen for German steel revamp	17/05	RE
ARCELORMITTAL : Oddo BHF confirms its recommendation on the stock	14/05	CF
Anglo-BHP takeover saga is full of twists and turns	14/05
Anglo also snubs BHP’s revised offer	13/05
ArcelorMittal: 213 ME investment in an electric arc furnace	10/05	CF
ArcelorMittal Commences Electric Arc Furnace Project at Spanish Plant	10/05	MT
Goldman Sachs Starts ArcelorMittal With Neutral Rating, $29.60 Price Target	09/05	MT
ARCELORMITTAL : Goldman Sachs from Sell to Neutral	09/05	ZD
ARCELORMITTAL : Barclays remains Neutral	07/05	ZD
Salzgitter share price collapses due to capped forecasts	07/05	DP
EU clears $14.9 bln purchase of U.S. Steel by Japan's Nippon	06/05	RE
ArcelorMittal Warns of Potential UK Exit Amid Redevelopment Proposal for Local Site	06/05	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

01/08/2024 - 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 04:40 pm IST

ArcelorMittal : Appearances can be deceptive

May 10, 2023 at 03:28 pm IST

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

26.2 USD

Average target price

34.19 USD

Spread / Average Target

+30.49%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Steel

	1st Jan change	Capi.
ARCELORMITTAL	-5.90%	21.24B
NUCOR CORPORATION	-2.98%	39.96B
TATA STEEL LIMITED	+19.82%	24.61B
STEEL DYNAMICS, INC.	+13.35%	20.98B
POSCO HOLDINGS INC.	-26.13%	20.41B
NIPPON STEEL CORPORATION	+6.25%	19.68B
JFE HOLDINGS, INC.	+8.71%	9.36B
UNITED STATES STEEL CORPORATION	-21.17%	8.57B
CLEVELAND-CLIFFS INC.	-15.33%	8B
STEEL AUTHORITY OF INDIA LIMITED	+28.18%	7.82B

Other Steel

ArcelorMittal

Equities

MT

LU1598757687

Iron & Steel

ARCELORMITTAL : Deutsche Bank reaffirms its Buy rating

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