Previous close | 24.65 |
Open | 25.30 |
Bid | 0.00 x 1800 |
Ask | 0.00 x 1400 |
Day's range | 25.19 - 25.50 |
52-week range | 20.86 - 37.87 |
Volume | |
Avg. volume | 3,208,559 |
Market cap | 21.913B |
Beta (5Y monthly) | 2.13 |
PE ratio (TTM) | 1.57 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.38 (1.54%) |
Ex-dividend date | 13 May 2022 |
1y target est | N/A |
ArcelorMittal's (MT) Q2 results benefit from higher average steel pricing.
(Bloomberg) -- ArcelorMittal SA agreed to buy Brazilian steelmaker CSP from shareholders including Vale SA for $2.2 billion as the company continues to expand its operations in the Americas.Most Read from BloombergRockstar Games Cleaned Up Its Frat-Boy Culture — and Grand Theft Auto, TooFed Hikes 75 Basis Points Second Time, Signals Third Is PossibleBiden Considers New Pause on Paying Back Student Loans, $10,000 ReliefUS Economy Shrinks for a Second Quarter, Fueling Recession FearsFed Watchers S
AMSTERDAM (Reuters) -ArcelorMittal, the world's second-largest steelmaker, reported higher than expected second-quarter earnings on Thursday helped by sharply increased prices, but saw threats from spiralling inflation, the war in Ukraine and China's COVID-19 restrictions. Steel prices were declining at a faster rate than those for raw materials. ArcelorMittal said it was well placed to manage the gas supply risk, with sites in nine countries across Europe, meaning it could meet market demand.