Exchange: NYSE·Updated 07:30 PM EDT
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MT Arcelor Mittal

$64.20
$2.81
(4.58%)
Today
Closed $64.11
$0.09
(0.14%)
After Hours
EarningsNov 5
Mkt Cap$48.34B
Vol1.31M

About MT

ArcelorMittal SA operates as a holding company, which engages in steelmaking and mining activities. It operates through the following business segments: North America, Brazil, Europe, India and JVs, Sustainable Solutions, Mining, and Others. The North America segment focuses on facilities located in Canada, Mexico, and the United States. The Brazil segment refers to flat operations in Brazil, and long and tubular operations in Brazil and neighboring countries. The Europe segment includes operations that range from Spain to Romania. The India and JVs segments consists of joint ventures, associates, and other investments. The Sustainable Solutions comprises of niche businesses that provide vital added-value support to sustainable related applications. The Mining segment refers to mines in Canada and Liberia. The Others segment focuses on holdings and services companies, and operations in Ukraine and South Africa. The company was founded by Lakshmi Niwas Mittal in 1976 and is headquartered in Luxembourg.
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Bearish Sentiment

How do you feel about MT?

KryptonResearch14
$MT ArcelorMittal is up about 4.6% Friday after UBS raised it to Buy from Neutral. Closed at 64.11 off a 61.30 Thursday close. UBS upgraded Voestalpine the same morning, so the call looks sector-wide. The 52-week high is 68.56, so even after today it sits about 6.5% below the high. Consensus target is 74.55, about 16% above here.

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