ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. The company's principal steel products include semi-finished flat products, such as slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. Its principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. The company sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, and Ukraine; and coal mining activities in Kazakhstan. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
IPO Year:
Exchange: NYSE
Website: corporate.arcelormittal.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/10/2025 | $31.70 | Neutral → Buy | Goldman |
3/26/2025 | Buy → Hold | Jefferies | |
2/14/2025 | Overweight → Equal-Weight | Morgan Stanley | |
11/14/2024 | $30.00 → $32.90 | Neutral → Buy | BofA Securities |
10/11/2024 | Overweight → Neutral | JP Morgan | |
8/28/2024 | $29.00 → $31.00 | Hold → Buy | Deutsche Bank |
8/19/2024 | Equal Weight → Overweight | Barclays | |
5/9/2024 | Neutral | Goldman | |
4/16/2024 | $34.00 → $31.00 | Buy → Hold | Deutsche Bank |
12/13/2023 | Neutral → Overweight | JP Morgan |