AreclorMittal -8% after weakening steel prices, J.P. Morgan …

Jun 22, 2022 · ArcelorMittal (NYSE:MT) -8.5% in Wednesday's trading to a 52-week low as prices for industrial metals post broad declines and the company's shares are downgraded to Neutral …

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AreclorMittal -8% After Weakening Steel Prices, J.P. Morgan …

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Jun 22, 2022 · ArcelorMittal (NYSE:MT) -8.5% in Wednesday's trading to a 52-week low as prices for industrial metals post broad declines and the company's shares are downgraded to Neutral …

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ArcelorMittal Earnings Fall As Steel Prices, Shipments Decline

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ArcelorMittal MT0.84%increase; green up pointing triangle reported a steeper-than-expected fall in net profit after subdued economic sentiment weighed on steel pricing and shipments in the …

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ArcelorMittal Trims Steel Outlook After Earnings Slumped

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Aug 1, 2024 · Average steel selling prices declined 7.5% in the first six months of the year, while steel shipments in the second quarter decreased 2% on year to 13.9 million metric tons. Steel …

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ArcelorMittal Earnings Slump On Lower Steel Prices

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Aug 1, 2024 · Average steel selling prices declined 7.5% in the first six months of the year, while steel shipments in the second quarter decreased 2% on year to 13.9 million metric tons. …

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ArcelorMittal Trims Steel Outlook After Earnings Slumped On …

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Aug 1, 2024 · ArcelorMittal reported a 38% fall in second-quarter earnings on lower steel prices and shipments but said it expected demand to improve in the second half of 2024.

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Cleveland-Cliffs Cut At J.P. Morgan On Weakening Fundamentals

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Cleveland-Cliffs (NYSE:CLF) -4.8% in Tuesday's trading to its lowest in nearly eight months after J.P. Morgan downgrades shares to Neutral from Overweight with a $17 price target, cut from …

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ARCELORMITTAL : JP Morgan Maintains A Buy Rating

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Jan 5, 2024 · 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 …

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$CLF Upgraded To $39 By JP Morgan, Calls Steel "generational

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"Q1 steel product volumes totaled 4.14M net tons at an average selling price of $900/net ton, compared to 197K net tons at an average selling price of $980/net ton a year ago." That is an …

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FAQs about AreclorMittal -8% after weakening steel prices, J.P. Morgan … Coupon?

Is ArcelorMittal a good stock to buy?

The company has a low debt-to-equity ratio of 0.15, which signifies a healthy balance sheet and lower financial risk. ArcelorMittal's current ratio of 1.55 suggests that the company has enough current assets to cover its short-term liabilities. The P/E ratio of 25.53 indicates that the stock may be undervalued compared to its earnings potential. ...

Can investors benefit from investing in ArcelorMittal?

Here are some ways that investors could benefit from investing in ArcelorMittal S.A.: ArcelorMittal's stock price has been showing stability around the $24-$26 range, indicating potential support levels for investors. The company has a low debt-to-equity ratio of 0.15, which signifies a healthy balance sheet and lower financial risk. ...

Which companies do ArcelorMittal investors own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ArcelorMittal investors own include AT&T (T), Energy Transfer (ET), Ford Motor (F), Micron Technology (MU), Bank of America (BAC) and Intel (INTC). ...

When will steel buyers restock?

J.P. Morgan analyst Bill Peterson says steel buyers likely will not replenish their inventories until the end of the summer, "while demand typically slows into the summer months, it appears it may be running weaker than usual." ...

Why did Morgan Stanley lower estimates for Mark-to-market steel & scrap prices?

In a separate note, Morgan Stanley lowered its estimates for mark-to-market steel and scrap prices for Q2 and H2 following a faster than expected drop in prices, led by a slowdown in demand. ...