MT Stock Recent News

ArcelorMittal's (MT) first-quarter earnings and sales beat the respective estimates despite lower year-over-year steel shipments.

Although the revenue and EPS for ArcelorMittal (MT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for ArcelorMittal (MT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

Things seemed to be slowing down after interest rates were raised eleven times in the previous 18 months, but according to the most recent data, the inflation rate for the last 12 months as of March is 3.5%, which has many people searching for steel stocks to sell from their portfolio. The logic is straightforward.

NAARDEN, Netherlands & WALTHAM, Mass.--(BUSINESS WIRE)--Prilenia Therapeutics B.V., a clinical stage biotechnology company focused on the urgent mission to develop novel therapeutics to slow the progression of neurodegenerative diseases and neurodevelopmental disorders, today announced the presentation of the latest research from the pridopidine Huntington disease (HD) and amyotrophic lateral sclerosis (ALS) programs at the American Academy of Neurology (AAN) Annual Congress, in Denver, Colorad.

ArcelorMittal (MT) to acquire a 28.4% stake in Vallourec. This will enhance downstream presence with a focus on Vallourec's expertise and low-carbon production centers.

Steelmaker ArcelorMittal said on Tuesday it will acquire an about 28.4% stake in Vallourec for around 955 million euros ($1.04 billion).

ArcelorMittal is one of the most significant global players in the cyclical steel segment. I would characterize it, at the right price, as a must-own sort of investment. I consider the company to be cheap at this time, and view the company as a "BUY" with an attractive PT and upside. The company may need a few years to achieve its targets, but I have no doubt that this is what the company will manage.

ArcelorMittal (MT) and Petrobras join forces to explore low-carbon solutions in Brazil, including a carbon capture hub.

Steel demand is set to spike, and these top steel stocks are among those best positioned to capitalize on the opportunity—analysts at FitchRatings project steel demand to grow by as much as 30 million global tons. The same analysts expect improved margins across most major steelmaking countries (except China, in this case) and North American steel sectors to increase self-reliance and move away from national net import status.