The new program by MT will involve share repurchases conducted in multiple tranches, with the first tranche allowing for the repurchase of up to 10 million shares.
Here is how ArcelorMittal (MT) and Salzgitter AG (SZGPY) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, ArcelorMittal (MT) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
ArcelorMittal has been indicted for endangering the lives of others, forgery and environmental damages in connection to industrial pollution in the Fos-sur-Mer region, France, the Marseille public prosecutor's office told Reuters on Tuesday.
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ArcelorMittal (MT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
ArcelorMittal's India joint venture has sued New Delhi for rejecting imports of a steelmaking raw material, saying it was incorrectly imposing import curbs retroactively, escalating its fight over a policy change that is hurting its business, documents show.
ArcelorMittal's strategic shift towards economic returns and shareholder capital returns has continued to drive improved margins and free cash flow, driving share price outperformance versus Nucor and Steel Dynamics. Q4 results showed strong profitability with EBITDA up 14% yoy, driven by significant growth in Brazil and Europe, despite weaker North American performance. 2025 still holds a lot of uncertainties regarding demand in key markets like autos, construction, and machinery, but pricing has been strong and inventory levels are low.
Investors with an interest in Steel - Producers stocks have likely encountered both ArcelorMittal (MT) and United States Steel (X). But which of these two stocks is more attractive to value investors?