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ArcelorMittal (AMSYF)

Other OTC - Other OTC Delayed Price. Currency in USD
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31.94+2.18 (+7.34%)
At close: 12:55PM EDT
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  • T
    Tex
    Could MT's $200 million funding in Form Energy (Wall Street Journal article today) be of significant benefit to investors?
  • F
    Fernando
    35 AFTER Q2?
    Bullish
  • P
    PAP
    Good to MT behaving like a Technology stock after a decade.
  • T
    TheWolf2019
    I gotta say , I'm long however there's a ton of money to be made playing the 29-33 game
    Bullish
  • P
    PAP
    It appears MT will make new highs, Steel is essential for all other industries to do better.
    Bullish
  • T
    TheWolf2019
    little guys waking up after seeing CLF earnings.
    Bullish
  • p
    pocketbees
    happy market Tuesday to everyone except short sellers!
    Bullish
  • M
    Mothra
    How can this be down 4% with Chinese steel prices going up again?
  • P
    PAP
    With Steel prices up, MT should do better than the last quarter.
    Bullish
  • J
    JH
    That September contract is still over $1800. I’m sure you looked at the sea of green contracts all the way out to 2023.

    If you did, I am certain you will not sleep well tonight.

    And China is expected to announce an export tax , wonder what that will do to international supply…hmmmm
  • R
    Randal
    MT has been on a mission to reduce debt. This company has the potential to be debt free by the end of the year. If that happens, hold on it’s going to be a wild ride.
    Bullish
  • M
    Mothra
    Tata Steel price has Increased 81% in 6 months while MT stock is up just 31%...........Makes one wonder?
  • G
    G M
    Barclays is a joke.. upgrade today after a downgrade two weeks ago
  • P
    PAP
    New high in making.
    Bullish
  • T
    TheWolf2019
    and this is where we all laugh at the shorts 🤣you're toast with demand and the infastructure plan you have ZERO chance !
    Bullish
  • T
    TheWolf2019
    and we're GREEN! futures too strong we can't be stopped 2 years strong buy!
    Bullish
  • A
    Arman
    The buyback that ended was around usd 550MM. The new one announced is for 750MM.

    ArcelorMittal will today commence a third share buyback program (the ‘Program’) under the authorization given by the 2021 AGM Authorization for an aggregate amount of US$750 million. Pursuant to today’s announcement [1] relating to the sale of the Cleveland-Cliffs common stock, the proceeds of this sale will be returned to the ArcelorMittal shareholders via the Program. This Program will be completed by 31 December 2021
  • v
    valuegeek77
    Keep going down 4% everyday. Acting like a small cap stock

    Earnings estimates are up thru the roof and stock keeps falling

    Dont these guys have buyback or something to control this horrible price declines?

    Geez
  • T
    TheWolf2019
    I guess someones getting nervous....
    Bullish
  • J
    John
    According to CNNMoney, 19 analysts offering twelve-month price targets for MT have a median target of $38.76, a roughly 23 percent increase from today's $31.23 close. The range of their forecasts is wide, $45.77 to $31.00, which shows just how much guesswork is involved. Nineteen out of 19 analysts could be wrong, but their assessments reflect the consensus view that historically high steel prices this year will buoy MT's share price. With steel prices predicted to fall significantly by the end of this year, longs would be well advised to plan their exit strategy before summer's end.