ArcelorMittal’s Strategic Shift and Regional ... - Markets Insider

Nov 14, 2024 · Additionally, ArcelorMittal’s disciplined approach to decarbonization investments, which focuses on ensuring returns and maintaining competitive costs, is seen as a protective …

CouponFollow Extension

28%
OFF

2Q’22 And 1H’22 Financial Results And Strategic Update

1 day from now

Page 7 * share price as at 26.07.22 of $22.90/ sh $10.2bn EBITDA is strongest 1H performance in more than a decade $8.0bn net income is 28% higher than same period as last year Includes …

arcelormittal.com

5%
OFF

ArcelorMittal Sticks To Demand Growth Forecast After Earnings Beat

1 day from now

May 2, 2024 · ArcelorMittal's shares were up 3.5% as of 1506 GMT, heading for their best one-day performance in nearly three months. ... Browse an unrivalled portfolio of real-time and …

reuters.com

$32.90
OFF

ArcelorMittal Upgraded To Buy From Neutral At BofA - Markets …

1 day from now

Nov 14, 2024 · BofA upgraded ArcelorMittal (MT) to Buy from Neutral with a price target of $32.90, up from $30. The company’s earnings are evolving away from Europe as North …

businessinsider.com

06%
OFF

ArcelorMittal (MT) Stock Price, News & Analysis - MarketBeat

1 day from now

6 days ago · Insider Buying vs. Insider Selling. In the past three months, ArcelorMittal insiders have not sold or bought any company stock. Percentage Held by Insiders. Only 0.06% of the …

marketbeat.com

$10
OFF

$10M Transloding Facility Signs Deal With North Bergen To Prep For ...

1 day from now

Jan 12, 2022 · Strategic Rail Solutions, a $10 million transloding facility, has signed an impact fee agreement with North Bergen to help prep for major projects like the Gateway Tunnel. ... the …

hudsoncountyview.com

FAQs about ArcelorMittal’s Strategic Shift and Regional ... - Markets Insider Coupon?

How did ArcelorMittal perform in the third-quarter 2024 earnings report?

In its third-quarter 2024 earnings report, ArcelorMittal highlighted its continued focus on safety improvements, achieving structurally higher margins, and maintaining financial strength despite a challenging market environment. The company is committed to shareholder returns and strategic growth projects. ...

Why was ArcelorMittal's stock up 35% in 1506 GMT?

Profit was primarily driven by improved results in North America, Brazil, Europe, India and from its joint ventures, offset by lower mining segment results, it said. ArcelorMittal's shares were up 3.5% as of 1506 GMT, heading for their best one-day performance in nearly three months. ...

Why is ArcelorMittal a strategic partner?

ArcelorMittal has established strategic partnerships with suppliers, customers, and research institutions to enhance its supply chain and foster innovation. Collaborating with key stakeholders enables the company to access raw materials, develop new products, and expand its market reach. ...

What makes ArcelorMittal a leading steel and mining company?

Overall, ArcelorMittal's position as a leading steel and mining company is supported by its strong mission statement, diverse revenue streams, and strategic business model. Despite the challenges it faces, the company continues to adapt and innovate to maintain its competitive advantage in the industry. ...

Will ArcelorMittal's 6% EBITDA beat in 2024?

"Most notable is that ArcelorMittal reiterates guidance for positive free cash flow in 2024 (and beyond)," J.P.Morgan analysts said in a note, adding the 6% EBITDA beat looked solid compared to peers. "Very high China steel exports remain a depressive force on European Steel prices," they added. ...

How does economic downturns affect ArcelorMittal?

During periods of economic downturns, demand for steel declines, leading to excess capacity, lower prices, and reduced profitability. ArcelorMittal is exposed to the risk of economic downturns, which can adversely affect its financial performance and cash flow. ...