MT stock rallies 56.6% YTD as higher steel and iron ore output, record Liberia shipments and expansion projects fuel growth.
ArcelorMittal hit a 52-week high after a Q1 earnings beat, backed by steel capacity expansion and shareholder returns.
MT unlocked value from its Vallourec stake with a $667M share sale, using proceeds to fund buybacks while retaining a strategic holding.
The steelmaker said it sold around 23.9 million shares in Vallourec—equivalent to 10% of its outstanding share capital—and plans to channel the proceeds to its shareholders.
MT beat Q1 earnings estimates as sales rose 4% despite lower steel shipments and weaker free cash flow.
Although the revenue and EPS for ArcelorMittal (MT) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Get a deeper insight into the potential performance of ArcelorMittal (MT) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Sluggishness in China and muted demand in certain key end markets dampen the Zacks Steel Producers industry prospects. MT, NUE and STLD are poised to navigate the challenges.
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