MT - ArcelorMittal

NYSE - NYSE Delayed price. Currency in USD
33.05
-0.45 (-1.34%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous close33.50
Open33.08
Bid0.00 x 800
Ask36.25 x 3200
Day's range32.74 - 33.18
52-week range19.59 - 37.50
Volume1,452,785
Avg. volume2,914,829
Market cap33.662B
Beta3.22
PE ratio (TTM)7.41
EPS (TTM)4.46
Earnings date21 Feb 2017 - 27 Feb 2017
Forward dividend & yield0.10 (0.29%)
Ex-dividend date2018-05-17
1y target est43.05
Trade prices are not sourced from all markets
  • US Steel Imports Surge, President Trump Decides on Quotas
    Market Realistyesterday

    US Steel Imports Surge, President Trump Decides on Quotas

    According to preliminary data released by the United States Census Bureau, the country imported 3.4 million metric tons of steel products in April. In comparison, US steel imports stood at ~3.0 million metric tons in April 2017. Notably, steel imports rose on a yearly and a sequential basis last month. US steel imports have risen on a monthly basis for the second consecutive month.

  • Better Days Await US Steel Producers in the Second Quarter
    Market Realist2 days ago

    Better Days Await US Steel Producers in the Second Quarter

    As noted previously, US steel prices have settled at higher levels after rising sharply in the first quarter. However, the rises in US steel producers’ first-quarter earnings weren’t commensurate with the sharp gains in spot steel prices. The disconnect isn’t difficult to explain. There’s a lag between steel companies booking their sales and the steel getting shipped to the buyer.

  • Has ArcelorMittal (MT) Outpaced Other Basic Materials Stocks This Year?
    Zacks3 days ago

    Has ArcelorMittal (MT) Outpaced Other Basic Materials Stocks This Year?

    Is ArcelorMittal (MT) Outperforming Other Basic Materials Stocks This Year?

  • US Steel Markets in Hibernation Mode amid Section 232 Deadline
    Market Realist3 days ago

    US Steel Markets in Hibernation Mode amid Section 232 Deadline

    Does the US Steel Industry Look Healthy This Month? The Section 232 temporary exemptions that were extended by President Donald Trump on April 30 are set to expire by the end of this month. As quoted by CNBC, the statement on the exemptions said, “The Administration is also extending negotiations with Canada, Mexico, and the European Union for a final 30 days.” By stating the word “final,” the Trump administration seems to have put pressure on the exempted countries.

  • 5 Reasons That Make ArcelorMittal (MT) a Solid Pick Now
    Zacks3 days ago

    5 Reasons That Make ArcelorMittal (MT) a Solid Pick Now

    Based on its strong fundamentals and compelling prospects, we believe ArcelorMittal (MT) has plenty of upside potential.

  • What to Expect from U.S. Steel
    Market Realist4 days ago

    What to Expect from U.S. Steel

    As noted previously, spot steel prices have risen sharply this year and are currently at their highest level since 2011. Steel companies including AK Steel (AKS), Nucor (NUE), and ArcelorMittal (MT) expect their second-quarter earnings to rise sequentially as higher steel prices flow into their spot sales. U.S. Steel (X) also expects its earnings to rise in the second quarter.

  • Are Trump’s Policy Flip-Flops to Blame for U.S. Steel’s Mess?
    Market Realist4 days ago

    Are Trump’s Policy Flip-Flops to Blame for U.S. Steel’s Mess?

    As noted previously, U.S. Steel (X) is trading flat for the year. To be sure, steel market conditions had set the stage for a smart rally in steel stocks. To put things in perspective, US steel prices are currently at their highest level since 2011.

  • Stock Market Indexes Mixed On Upbeat News; Steel Stocks Heat Up, Banks Rise
    Investor's Business Daily4 days ago

    Stock Market Indexes Mixed On Upbeat News; Steel Stocks Heat Up, Banks Rise

    The stock market traded mixed. News included a strong showing in a regional manufacturing, optimism on trade talks and a looming House vote on changes to the Dodd-Frank law.

  • Does the US Steel Industry Look Healthy This Month?
    Market Realist4 days ago

    Does the US Steel Industry Look Healthy This Month?

    The first-quarter earnings season for US steel investors is largely over. Steel companies, including U.S. Steel Corporation (X), AK Steel (AKS), and Nucor (NUE), have released their first-quarter earnings results. U.S. Steel saw a selling spree after its earnings release, as its 2018 guidance and outlook didn’t go over well with the market.

  • Reuters5 days ago

    ArcelorMittal's Ukraine steel mill says strike over

    Steel production at Ukraine's largest steel mill, owned by ArcelorMittal, is returning to normal levels after the conclusion of a strike by workers in its railway division, the mill said on Monday. On Thursday, the Kryvyi Rih mill in central Ukraine said the protest linked in part to salary demands had disrupted steelmaking and rolling and paralysed the plant's operations. After a four-day strike, railway workers have resumed their shifts, ArcelorMittal Kryvyi Rih said in a statement.

  • Why Cleveland-Cliffs Stock Could See Valuation Upside in 2018
    Market Realist5 days ago

    Why Cleveland-Cliffs Stock Could See Valuation Upside in 2018

    In this final part of the series, we’ll see how the markets are valuing Cleveland-Cliffs (CLF) stock compared to its peers and the historical multiple.

  • Top Ranked Value Stocks to Buy for May 18th
    Zacks8 days ago

    Top Ranked Value Stocks to Buy for May 18th

    Top Ranked Value Stocks to Buy for May 18th

  • Reuters9 days ago

    Strike disrupts steel output at ArcelorMittal's Ukraine mill

    KIEV (Reuters) - Steelmaking and rolling at Ukraine's largest steel mill, owned by ArcelorMittal (MT.AS), have been completely stopped due to a strike by workers in its railway division, the mill said ...

  • Should U.S. Steel’s Negative Free Cash Flow Concern Investors?
    Market Realist10 days ago

    Should U.S. Steel’s Negative Free Cash Flow Concern Investors?

    In this article, we’ll do a comparative analysis of steel companies’ 1Q18 free cash flows. You can define free cash flow as operating cash flow minus capital expenditure (or capex). It’s a measure of a business’s cash flow generation capacity.

  • How ArcelorMittal’s 1Q18 Earnings Compare to U.S. Steel’s
    Market Realist10 days ago

    How ArcelorMittal’s 1Q18 Earnings Compare to U.S. Steel’s

    Previously in this series, we compared steel companies’ 1Q18 shipments and ASPs (average selling price). In this article, we’ll take a look at their 1Q18 EBITDAs (earnings before interest, tax, depreciation, and amortization).

  • GlobeNewswire11 days ago

    ArcelorMittal announces result of its Extraordinary General Meeting

    16 May 2018 - The Extraordinary General Meeting (EGM) of shareholders of ArcelorMittal held today in Luxembourg approved the resolution on the EGM agenda by a strong majority. The sole proposal was to ...

  • How U.S. Steel’s 1Q18 Selling Prices Stack Up against NUE’s
    Market Realist11 days ago

    How U.S. Steel’s 1Q18 Selling Prices Stack Up against NUE’s

    Previously in this series, we did a comparative analysis of steel companies’ 1Q18 shipments. In this article, we’ll look at their ASPs (average selling price).

  • Thyssenkrupp cuts outlook for business central to its future
    Reuters11 days ago

    Thyssenkrupp cuts outlook for business central to its future

    FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp (TKAG.DE) cut the profit margin forecast for its capital goods business on Tuesday, the future heart of the German company after its planned retreat from steel. The set-back, which covers the group's elevators, car parts and plants units, is a blow for CEO Heinrich Hiesinger, who has been striving to sharpen the sprawling company's focus on technology and reduce its exposure to the volatile steel sector. Thyssenkrupp shares fell as much as 5.4 percent, with traders and analysts pointing to a 22 percent decline in new orders at the capital goods business in the second quarter.

  • 1Q18 Steel Shipments: Why U.S. Steel Was an Outlier
    Market Realist12 days ago

    1Q18 Steel Shipments: Why U.S. Steel Was an Outlier

    Steel companies’ revenues are a function of average steel prices and shipments, so it’s pertinent for steel investors to follow quarterly production and shipment data.

  • ArcelorMittal: Investors Might Have to Wait for Hefty Dividends
    Market Realist12 days ago

    ArcelorMittal: Investors Might Have to Wait for Hefty Dividends

    During the 4Q17 earnings call, ArcelorMittal (MT) announced its plan to restore the annual dividend program that was suspended in 2015. The company has reinstated its annual dividend at $0.10 per share from this year. Meanwhile, ArcelorMittal intends to pay dividends as a percentage of its free cash flows once its net debt falls below $6 billion. As of March 31, ArcelorMittal had a net debt of $11.1 billion. The company’s net debt rose almost $1 billion from the sequential quarter amid working capital buildup, a share buyback, and the forex impact in the quarter.

  • Steel Companies’ 1Q18 Report Card: Gains and Losses
    Market Realist12 days ago

    Steel Companies’ 1Q18 Report Card: Gains and Losses

    The US steel industry has seen considerable action in 1Q18. In March, President Donald Trump imposed tariffs on steel imports, acting on the results of the US Department of Commerce’s Section 232 investigation.

  • Why ArcelorMittal’s Revenues Have Struggled for Years
    Market Realist12 days ago

    Why ArcelorMittal’s Revenues Have Struggled for Years

    In this part, we’ll discuss some of the key takeaways from ArcelorMittal’s 1Q18 financial results. The company reported revenues of $19.2 billion in 1Q18—compared to $17.7 billion in 4Q17 and $16.0 billion in 1Q17. ArcelorMittal’s 1Q18 revenues were the highest since 3Q14. The company recorded multiyear highs on several other metrics during the quarter.

  • ArcelorMittal (MT) Q1 Earnings Rise on Higher Steel Prices
    Zacks13 days ago

    ArcelorMittal (MT) Q1 Earnings Rise on Higher Steel Prices

    Higher average steel selling prices drove ArcelorMittal's (MT) top and bottom lines in Q1.

  • Bitter Court Battles Bog Down Arcelor, Tata as India Law Tested
    Bloomberg13 days ago

    Bitter Court Battles Bog Down Arcelor, Tata as India Law Tested

    India’s new bankruptcy law is being bogged down by bitter court room disputes that include the likes of ArcelorMittal and the Tata Group -- jeopardizing the law’s promise of time-bound resolution in a country famous for its sluggish legal system. None of the 12 large debtor companies that the central bank forced into bankruptcy court in June have been sold yet. The National Company Law Tribunal or NCLT, in charge of the process, has extended a 270-day deadline enshrined in the law for Bhushan Power & Steel Ltd. and Essar Steel India Ltd. by excluding the days under litigation.

  • Europe shares close higher to post longest winning streak in 3 years
    CNBC15 days ago

    Europe shares close higher to post longest winning streak in 3 years

    European markets posted their seventh straight week of gains.

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