ArcelorMittal

MT

LU1598757687

Iron & Steel

Market Closed - Euronext Amsterdam Other stock markets 11:35:15 2024-06-28 EDT			5-day change	1st Jan Change
21.37 ^EUR	+0.61%		-2.73%	-16.77%

06-26	ARCELORMITTAL : Deutsche Bank reiterates its Neutral rating	ZD
06-21	Steel stocks break off recovery - Morgan Stanley skeptical	DP

ARCELORMITTAL : Deutsche Bank reiterates its Neutral rating

June 26, 2024 at 07:25 am

Deutsche Bank confirms his opinion on the stock and remains Neutral. The target price is reduced from EUR 29 to EUR 28.

Latest news about ArcelorMittal

ARCELORMITTAL : Deutsche Bank reiterates its Neutral rating	06-26	ZD
Steel stocks break off recovery - Morgan Stanley skeptical	06-21	DP
Steelmaker Arcelor-Nippon says India's plan for raw material curbs ignores Red Sea crisis	06-21	RE
Oddo BHF Affirms ArcelorMittal at Outperform, Trims PT	06-20	MT
ARCELORMITTAL : price target lowered by Oddo BHF	06-20	CF
Workers' blockade in Mexico halting steel output, ArcelorMittal says	06-17	RE
ArcelorMittal Prices $1 Billion Notes Offering	06-11	MT
ArcelorMittal Prices $1 Billion Notes Offering	06-11	MT
ArcelorMittal S.A. Announces Pricing of Bond Issue	06-11	CI
Copper markets assessed with a much-needed lens of objectivity	06-06
ArcelorMittal: 3D printing agreement with Materialise	06-05	CF
ArcelorMittal Partners with Materialise to Boost Capabilities for Metal 3D Printing	06-05	MT
ARCELORMITTAL : JP Morgan keeps its Buy rating	06-03	ZD
ArcelorMittal Construction Buys Italpannelli’s Italian, Spanish Units	05-31	MT
ArcelorMittal Calls on Next UK Government to Prevent Redevelopment of Chatham Docks Site	05-31	MT
Curtain down for the BHP-Anglo takeover saga	05-30
Anglo rejects BHP’s call for an extended negotiation timeline	05-29
BHP seeks another extension of negotiations with Anglo	05-29
Even BHP’s third offer wasn’t good enough	05-22
ArcelorMittal Signs Letter of Intent for Low-carbon Electricity Supply in Belgium Unit	05-22	MT
ArcelorMittal, Partners Launch Carbon Capture Pilot at Gent Plant in Belgium	05-22	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	05-22	CI
CAC40: reduced losses in the second half of the session	05-21	CF
CAC40: back to 8100, insignificant volumes	05-21	CF
ArcelorMittal, BHP, Mitsubishi Heavy Industries Start Operating Trial Carbon Capture Unit at Belgian Steel Plant	05-21	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

2024-08-01 - 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 07:10 am

ArcelorMittal : Appearances can be deceptive

May 10, 2023 at 05:58 am

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

22.9 USD

Average target price

33.56 USD

Spread / Average Target

+46.57%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Steel

	1st Jan change	Capi.
ARCELORMITTAL	-16.77%	18.76B
NUCOR CORPORATION	-9.17%	37.9B
TATA STEEL LIMITED	+24.73%	26.06B
NIPPON STEEL CORPORATION	+5.29%	19.71B
POSCO HOLDINGS INC.	-27.33%	19.99B
STEEL DYNAMICS, INC.	+9.65%	20.35B
JFE HOLDINGS, INC.	+5.85%	9.15B
UNITED STATES STEEL CORPORATION	-22.30%	8.5B
SEVERSTAL	-.--%	7.98B
HOA PHAT GROUP	+11.38%	7.11B

Other Steel

ArcelorMittal

Equities

MT

LU1598757687

Iron & Steel

ARCELORMITTAL : Deutsche Bank reiterates its Neutral 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