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?
ArcelorMittal's India joint venture has warned it may have to severely curtail steelmaking in the country and delay its expansion plans due to New Delhi's import restrictions on a key raw material, a company letter to the government showed.
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 Nippon Steel India is seeking deliveries of liquefied natural gas (LNG) cargoes over a five-year period beginning 2026, two industry sources said on Thursday.
Investors looking for stocks in the Steel - Producers sector might want to consider either ArcelorMittal (MT) or United States Steel (X). But which of these two companies is the best option for those looking for undervalued stocks?
MT's $1.2 billion project aims to reduce U.S. dependency on electrical steel imports through the expansion of domestic NOES production.
MT's Q4 sales are affected by a decline in average steel selling prices.
ArcelorMittal S.A. (NYSE:MT ) Q4 2024 Earnings Conference Call February 6, 2025 9:30 AM ET Company Participants Daniel Fairclough – Investor Relations Aditya Mittal – Chief Executive Officer Genuino Christino – Chief Financial Officer Conference Call Participants Ephrem Ravi – Citigroup Patrick Mann – Bank of America Andrew Jones – UBS Tristan Gresser – BNP Paribas Alain Gabriel – Morgan Stanley Matt Greene – Goldman Sachs Dominic O'Kane – JPMorgan Phil Gibbs – KeyBanc Bastian Synagowitz – Deutsche Bank Boris Bourdet – Kepler Cheuvreux Cole Hathorn – Jefferies Timna Tanners – Wolfe Research Max Kogge – Oddo Daniel Fairclough Good afternoon, everyone.
Although the revenue and EPS for ArcelorMittal (MT) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for ArcelorMittal (MT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.