ArcelorMittal (MT)
After hours:
| Previous close | 22.51 |
| Open | 22.68 |
| Bid | 22.50 x 1100 |
| Ask | 22.99 x 1100 |
| Day's range | 22.50 - 22.78 |
| 52-week range | 21.30 - 29.15 |
| Volume | |
| Avg. volume | 1,611,348 |
| Market cap | 17.991B |
| Beta (5Y monthly) | 1.77 |
| PE ratio (TTM) | 23.42 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.50 (2.20%) |
| Ex-dividend date | 12 Nov 2024 |
| 1y target est | N/A |
- Reuters
Mexican state government confirms end of protest in ArcelorMittal plant
MEXICO CITY (Reuters) -Workers at a Mexican plant of steelmaker ArcelorMittal ended a 55-day stoppage on Friday, a government official from the state of Michoacan told Reuters late on Friday. Earlier on Friday, ArcelorMittal had said a group of workers was continuing an "illegal blockade" at the facilities of its Mexican unit, a day after the company announced a new settlement with its workers and the end of the stoppage. The government official confirmed the stoppage had ended after the mining union leading the labor action and negotiations with ArcelorMittal published a statement asking the workers who were still protesting to "respect the agreements reached and voted by the majority".
- Reuters
ArcelorMittal's 55-day Mexico work stoppage ends, firm agrees pay hike
Steelmaker ArcelorMittal said on Thursday that a 55-day blockade at one of its sites in Mexico ended after workers approved a new settlement that includes an 8% pay hike for employees and review of their collective bargaining agreement. Workers affiliated with the mining union had been protesting since late May against the annual profit distribution to employees decided by the company for 2023, bringing all activities to a halt. In a statement, ArcelorMittal said the settlement, besides the retroactive pay increase, included a stimulus payment of 60,000 pesos ($3,336) per worker, food vouchers, back pay, and contracting a "reputable tax firm" to determine if there is any unpaid profit sharing difference.
- Zacks
Do Options Traders Know Something About ArcelorMittal (MT) Stock We Don't?
Investors need to pay close attention to ArcelorMittal (MT) stock based on the movements in the options market lately.
