MTS ArcelorMittal S.A.

57.42EUR+0.53%Mkt Cap: 46.96B $P/E: 28.29

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat produ…

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Steel Supply Shock Puts SSAB Stock In Focus

Russian strikes have knocked out major Ukrainian steel plants and squeezed a key source of global supply, shifting attention to integrated producers that are still operating far from the front line. When one of the world’s important exporters goes quiet, pricing power and risk can migrate quickly, which can punish or reward investors who are not paying attention. This article explains how that shock affects the sector and profiles 3 individual stocks that appear most exposed to the news, so...

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Why Nucor and Other Steel Stocks Are Falling After Trump Unveils Massive Project

A massive new steel plant might signal a renaissance in American manufacturing. On Monday, Mesabi Metallics, alongside President Donald Trump in the Oval Office, announced plans to build an $18 billion fully integrated steelmaking facility in the U.S. Integration, in this instance, means the new plant makes everything from pig iron to finished steel.

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ArcelorMittal unable to restart Ukraine plant after missile strikes

Arcelor Mittal SA (NYSE:MT), the global steelmaker, said Friday it cannot safely and sustainably restart its Kryvyi Rih operations in Ukraine after four missile strikes over five weeks. The company expects to record a non-cash impairment charge of approximately $1 billion, mainly reflecting...

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ArcelorMittal to Halt Ukraine Plant Operations and Record About $1 Billion Impairment

ArcelorMittal (NYSE:MT) said on Friday it will halt operations at its Kryvyi Rih plant in Ukraine and record a non-cash impairment charge of approximately $1 billion following a series of missile strikes at the site. The steelmaker said four missile strikes over a five-week period resulted in the deaths of five employees and injuries to 17 others.

InvestorsHub
ArcelorMittal Faces $1 Billion Blow As Missile Strikes Derail Ukraine Operations

ArcelorMittal SA (NYSE:MT) said Friday it cannot safely and sustainably restart operations at its ArcelorMittal Kryvyi Rih plant in Ukraine after a series of missile strikes damaged the site and killed employees.The decision follows company statements issued on Aug. 17 and Sept. 14 after earlier attacks on the facility.Four Missile Strikes Hit ArcelorMittal Kryvyi RihArcelorMittal said the Ukrainian operation was targeted by four missile strikes over the past five weeks. The latest attack occurr

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ArcelorMittal Says It Can’t Restart Ukrainian Operations After Missile Strikes

The Luxembourg-based steelmaker said it isn’t able to safely restart operations at its Ukrainian subsidiary after missile attacks killed five people and injured 17 employees.

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ArcelorMittal (ENXTAM:MT) Faces Ukraine Disruption As Its Valuation Case Looks Narrower

ArcelorMittal (ENXTAM:MT) is back in focus after another missile strike hit its Kryvyi Rih facility in Ukraine. The incident halted primary steel production and pushed much of the plant to minimum operating levels. Despite the disruption in Ukraine, ArcelorMittal’s share price has held at €63.24, with a 90‑day share price return of 9.37% and a much stronger year to date move of 58.66%. The 1‑year total shareholder return of 118.06% points to momentum that has been building rather than...

Simply Wall St.
Why Is ArcelorMittal (ENXTAM:MT) Halting Steel Production After A Missile Strike?

ArcelorMittal (ENXTAM:MT) reported that a ballistic missile strike hit its Kryvyi Rih facility in Ukraine, causing casualties and severe damage. The attack forced a suspension of primary steel production at ArcelorMittal Kryvyi Rih, disrupting normal operations at the integrated plant. Management highlighted this strike as part of a recent pattern of security incidents affecting the Kryvyi Rih complex and surrounding infrastructure. The latest missile hit on ArcelorMittal Kryvyi Rih is...

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ArcelorMittal Shares Surge 69% YTD: Can It Sustain the Rally?

MT's 69% YTD rally reflects stronger EBITDA, cash flow and shareholder returns, plus EAF, NOES and Liberia growth projects.

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Zacks Industry Outlook Highlights ArcelorMittal, Nucor, Steel Dynamics and L.B. Foster

ArcelorMittal, Nucor, Steel Dynamics and L.B. Foster stand out as steel stocks navigating weak demand while benefiting from higher prices.

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4 Steel Producer Stocks to Watch Amid Industry Challenges

Sluggishness in China and muted demand in certain key end markets dampen the Zacks Steel Producers industry prospects. MT, NUE, STLD and FSTR are poised to navigate the challenges.

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Char Tech develops pyrolysis to fuels sites; RNG news from Waga, Neogenyx

The Ontario-based company is partnering with steelmakers to turn woody biomass into a replacement for metallurgical coal and RNG. It’s also testing its process on other organic waste streams, including biosolids.

Waste Dive