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MT Jan 2025 40.000 call
- Bloomberg
ArcelorMittal Positive on Steel Outlook After Earnings Beat
(Bloomberg) -- ArcelorMittal SA, the world’s biggest steelmaker outside of China, remains positive on the medium to long-term outlook for demand after first-quarter earnings beat estimates.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaUS and Saudis Near Defense Pact Meant to Res
- Zacks
ArcelorMittal (MT) Reports Q1 Earnings: What Key Metrics Have to Say
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.
- Reuters
ArcelorMittal sticks to demand growth forecast after earnings beat
(Reuters) -ArcelorMittal, the world's second-largest steelmaker, on Thursday reported first-quarter earnings ahead of analyst expectations and reiterated its expectation global steel demand outside China will increase by 3-4% this year. Profit was primarily driven by improved results in North America, Brazil, Europe, India and from its joint ventures, offset by lower mining segment results, it said. ArcelorMittal's shares were up 3.5% as of 1506 GMT, heading for their best one-day performance in nearly three months.
