ArcelorMittal S.A. (MT) Research

ArcelorMittal S.A. and its subsidiaries operate as a comprehensive, globally integrated steel production and mining enterprise, with operations spanning Europe, North and South America, Asia, and Africa. The firm's core steel offerings encompass a wide array of items. These include semi-finished flat goods, specifically slabs, alongside finished flat products like plates, hot-rolled and cold-rolled coils and sheets, galvanized coils and sheets (both hot-dipped and electro-galvanized), tinplate, and pre-painted coils and sheets. For long products, it manufactures semi-finished forms such as blooms and billets. Its finished long products consist of bars, wire-rods, structural sections, railway rails, sheet piles, and various wire products. Additionally, ArcelorMittal supplies both seamless and welded pipes and tubes. Beyond steel, the company's mining segment extracts and processes primary materials such as iron ore, presented as lumps, fines, concentrates, pellets, and sinter feeds. It also provides various types of coal, including coking coal, thermal coal, and coal for pulverized injection. These materials are distributed to a diverse clientele within sectors such as automotive, domestic appliances, engineering, construction, energy, and heavy machinery. Distribution occurs via its internal centralized marketing department and an extensive network of distributors. Its iron ore extraction operations are located in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine. Coal mining, however, is solely conducted in Kazakhstan. Established in 1976, ArcelorMittal S.A. maintains its corporate headquarters in Luxembourg City, Luxembourg.

Market snapshot

Symbol
MT
Price
$63.41
Day change
-2.49%
Market cap
$48.0B
P/E ratio
16.42x
52-week range
29.86-72.5
Sector
Basic Materials
Industry
Steel
Next earnings
in 1 month
Analyst price target
$60.00

Recent news

  • ArcelorMittal Sells $667 Million Stake in Vallourec to Boost Shareholder Returns

    The steelmaker said it sold around 23.9 million shares in Vallourec—equivalent to 10% of its outstanding share capital—and plans to channel the proceeds to its shareholders.

  • ArcelorMittal Eyes Boost From EU's Doubled Steel Tariffs

    ArcelorMittal said higher European tariffs on steel imports can boost its production and earnings ahead, as net profit continued to slide at the start of the year.

Peer companies

  • Amrize Ltd (AMRZ)
  • AngloGold Ashanti Plc (AU)
  • Gold Fields Limited (GFI)
  • Gerdau S.A. (GGB)
  • Kinross Gold Corporation (KGC)
  • Nutrien Ltd. (NTR)
  • Nucor Corporation (NUE)
  • POSCO Holdings Inc. (PKX)

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