MT - ArcelorMittal

NYSE - NYSE Delayed Price. Currency in USD
16.38
-0.48 (-2.85%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close16.86
Open16.26
Bid16.37 x 900
Ask16.39 x 1400
Day's Range16.21 - 16.50
52 Week Range16.20 - 35.53
Volume4,622,868
Avg. Volume2,804,776
Market Cap16.319B
Beta (3Y Monthly)1.90
PE Ratio (TTM)3.83
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.20 (0.98%)
Ex-Dividend Date2019-05-16
1y Target EstN/A
Trade prices are not sourced from all markets
  • MarketWatch2 days ago

    U.S., Canada reach deal to end steel, aluminum tariffs and retaliatory levies

    The U.S. and Canada on Friday said they have reached a deal where the U.S. will end tariffs imposed under Section 232 on imports of aluminum and steel products from Canada, while Canada will remove all tariffs imposed in retaliation. The two sides will take the step in two days and terminate World Trade Organization litigation. The two sides say they will take measures to prevent the importation of aluminum and steel that is unfairly subsidized and/or sold at dumped prices; and prevent the transshipment of aluminum and steel made outside of Canada or the United States to the other country.

  • MarketWatch2 days ago

    Steel maker stocks fall after WSJ report a deal to end tariffs on imports from Canada, Mexico was close

    Steel maker stocks dropped in midday trade Friday, after The Wall Street Journal reported that U.S. trade negotiators were close to a deal with Canada and Mexico to end tariffs on steel imports. Shares of U.S. Steel Corp. fell 2.7%, Nucor Corp. shed 3.6%, Steel Dynamics Inc. gave up 2.9% and ArcelorMittal slid 3.4%. Meanwhile, the S&P 500 was down just 0.2%. Among aluminum companies, Alcoa Corp.'s stock fell 1.7% and Kaiser Aluminum Corp. declined 1.5%. The WSJ reported, citing sources, that U.S. trade negotiators were trying to reach a deal on tariffs with Canada and Mexico to "push USMCA through Congress."

  • Billionaire Friedland Close to Deal With BHP on Guinea Iron Ore
    Bloomberg3 days ago

    Billionaire Friedland Close to Deal With BHP on Guinea Iron Ore

    Friedland is in advanced talks with BHP, Newmont Goldcorp Corp. and Areva SA, that will see him move to develop the Nimba deposit on Guinea’s border with Liberia, said the people, who asked not to be identified as the talks are private. Mick Davis, who is seeking to develop a neighboring iron ore mine through his Niron Metals vehicle, is also interested in the project, according to people familiar with the situation. Friedland also declined to comment.

  • New Strong Sell Stocks for May 10th
    Zacks9 days ago

    New Strong Sell Stocks for May 10th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.

  • ArcelorMittal's (MT) Q1 Earnings Miss, Sales Top Estimates
    Zacks9 days ago

    ArcelorMittal's (MT) Q1 Earnings Miss, Sales Top Estimates

    Lower steel prices and higher raw material costs hurt ArcelorMittal's (MT) earnings in Q1.

  • Key Investor Takeaways from ArcelorMittal’s Q1 Earnings
    Market Realist10 days ago

    Key Investor Takeaways from ArcelorMittal’s Q1 Earnings

    Key Investor Takeaways from ArcelorMittal’s Q1 EarningsArcelorMittal’s Q1 earningsToday, ArcelorMittal (MT), the leading steel producer globally, released its first-quarter earnings. It posted revenues of $19.2 billion in the quarter as compared

  • Gloom Spreads in Steel as Car Woes and Trade Tensions Bite
    Bloomberg10 days ago

    Gloom Spreads in Steel as Car Woes and Trade Tensions Bite

    ArcelorMittal, which posted its lowest quarterly profit since 2016, warned Thursday that the European steel market will be far weaker than expected this year as demand contracts and producers struggle against cheap imports. The world’s biggest steelmaker also lowered its forecast for demand outside of China. The gloom spreading through the steel industry marks a sharp reversal after two years of bumper profits, driven by strong demand across all major markets and slowing exports from China.

  • Steelmaker ArcelorMittal downbeat on main Europe market
    Reuters10 days ago

    Steelmaker ArcelorMittal downbeat on main Europe market

    ArcelorMittal, the world's largest steelmaker, cut its forecast for demand in its main market Europe on Thursday after lower steel prices depressed earnings at the start of the year. The Luxembourg-based company, which makes about 6 percent of the world's steel, announced on Monday it was temporarily reducing European steel output by 3 million tonnes on an annualised basis due to weak demand and increased imports. "Our first quarter results reflect the challenging operating environment the industry has faced in recent months," Chief Executive Officer Lakshmi Mittal said in a statement.

  • ArcelorMittal Cuts Estimate of Steel Demand Outside China
    Bloomberg10 days ago

    ArcelorMittal Cuts Estimate of Steel Demand Outside China

    The world’s biggest steelmaker reported its smallest quarterly profit since 2016 and warned that global demand outside of China will be lower than previously expected as the industry faces increasing pressure.ArcelorMittal posted first-quarter earnings before interest, taxes, depreciation and amortization of $1.65 billion, missing the average analyst estimate. Key Insights:ArcelorMittal now sees global demand outside of China rising 1%-2% and the company is forecasting a contraction of up to 1% in Europe. China is seen as a rare bright spot, with the biggest consumer now expected to use more steel this year due to economic stimulus and real-estate demand.

  • Financial Times10 days ago

    Steelmaker ArcelorMittal profit hit by rising raw material costs

    Lower steel prices and rising raw materials costs have caused a one-third drop in quarterly earnings at the world’s largest steel producer ArcelorMittal. Its earnings before interest, tax, depreciation and amortisation were $1.65bn in the first three months of this year, down 34.2 per cent on the same period a year before and slightly below analyst forecasts. “Our first-quarter results reflect the challenging operating environment the industry has faced in recent months,” said chief executive Lakshmi Mittal.

  • Investing.com11 days ago

    StockBeat - ArcelorMittal Warning Deepens Market's Trade Fears

    By Geoffrey Smith

  • Financial Times11 days ago

    ArcelorMittal/steel: well tempered

    US president Donald Trump harrumphs on Twitter. European steel companies take a bashing. A 10 per cent fall in ArcelorMittal’s share price this week reflects geopolitical jitters as much as weak first-quarter ...

  • How to Read China’s April Steel and Aluminum Exports
    Market Realist11 days ago

    How to Read China’s April Steel and Aluminum Exports

    China’s April Trade Data: Outlook for Metal Investors(Continued from Prior Part)Steel exportsOn May 8, China released its trade data for April. The country exported 6.33 million metric tons of steel in April—similar to March. However, the

  • Steel Giant Says U.S., China Have Two Days Left to Make Deal
    Bloomberg11 days ago

    Steel Giant Says U.S., China Have Two Days Left to Make Deal

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

  • Reuters12 days ago

    Poland's JSW does not expect a fall in coal orders from ArcelorMittal

    Poland's JSW, the European Union's biggest coking coal producer, does not expect coal orders from major client ArcelorMittal to fall following the steelmaker's decision to halt operations at its blast furnace and steel plant in Krakow. ArcelorMittal Poland said on Monday it plans to temporarily stop production its furnace and steel plant in southern Poland in September, citing rising carbon emission costs and surging power prices.

  • Reuters12 days ago

    CEE MARKETS-Currencies, stocks fall after EU cuts euro zone growth forecasts

    Central European currencies and stocks eased on Tuesday after the European Commission cut its forecasts for growth in the euro zone. An escalation in trade tensions between the United States and China ...

  • Company News For May 7, 2019
    Zacks12 days ago

    Company News For May 7, 2019

    Companies In The News Are: SYY,TSN,CHSP,PK,MT

  • ArcelorMittal to shut Polish plant temporarily due to rising costs
    Reuters13 days ago

    ArcelorMittal to shut Polish plant temporarily due to rising costs

    ArcelorMittal Poland said on Monday it planned to halt its blast furnace and steel plant in Krakow in September, due to rising carbon emission costs and surging power prices. ArcelorMittal did not say how long the shutdown would last at the Krakow furnace, which is in southern Poland.

  • Financial Times13 days ago

    ArcelorMittal cuts back European production after demand weakens

    The world’s biggest steelmaker, ArcelorMittal, has blamed weakening demand and “insufficient” action by the EU against imports for a decision to temporarily cut production at some of its plants on the continent. “These actions reflect the weak demand environment in Europe today, a situation further compounded by increased imports despite the [trade] safeguard measures introduced by the European Commission,” said Geert van Poelvoorde, chief executive for flat products at ArcelorMittal Europe. “High energy costs and increasing carbon costs are adding to the tough environment”.

  • Top 10 Indian Entrepreneurs
    Investopedia17 days ago

    Top 10 Indian Entrepreneurs

    India is the world's largest democracy and its economy has been growing rapidly over the past few decades. As a country, it also holds the second largest native population behind China. Not surprisingly, India has produced a number of billionaire businessmen and women.

  • The Outlook for Cleveland-Cliffs’ HBI Plant
    Market Realist19 days ago

    The Outlook for Cleveland-Cliffs’ HBI Plant

    How Cleveland-Cliffs Is Looking after Its Q1 2019 Results(Continued from Prior Part)HBI plantAfter Cleveland-Cliffs’ (CLF) debt repayment concerns were taken care of, the company started refocusing on growth. It is currently building an HBI

  • Moody's20 days ago

    Cleveland-Cliffs Inc. -- Moody's assigns B1 rating to Cliffs proposed gtd sr. unsec. notes

    Rating Action: Moody's assigns B1 rating to Cliffs proposed gtd sr. unsec. New York, April 29, 2019 -- Moody's Investors Service, ("Moody's") assigned a B1 rating to Cleveland-Cliffs Inc. ("Cliffs") proposed $750 million guaranteed senior unsecured notes due in 2027. The B1 Corporate Family Rating (CFR), B1-PD Probability of Default Rating, SGL-1 speculative grade liquidity rating and all other instrument ratings are unchanged.

  • Cleveland-Cliffs Beats Analysts’ Q1 Earnings Estimates
    Market Realist24 days ago

    Cleveland-Cliffs Beats Analysts’ Q1 Earnings Estimates

    Cleveland-Cliffs Beats Analysts’ Q1 Earnings EstimatesQ1 2019 results Cleveland-Cliffs (CLF) released its first-quarter results today before the markets opened. It reported EPS and revenue of -$0.08 and $157 million, beating analysts’ estimates

  • What’s in the Cards for Cleveland-Cliffs’ Q1 Results?
    Market Realist25 days ago

    What’s in the Cards for Cleveland-Cliffs’ Q1 Results?

    What’s in the Cards for Cleveland-Cliffs’ Q1 Results?Upcoming first-quarter results Cleveland-Cliffs (CLF) is scheduled to release its first-quarter results before the market opens on April 25. The company will have a conference call with