Added to YB: 2026-08-06
Pitch date: 2026-08-04
MT.AS [neutral]
ArcelorMittal S.A.
-0.65%
current return
Author Info
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Company Info
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa.
Market Cap
EUR 53.6B
Pitch Price
EUR 64.89
Price Target
N/A
Dividend
0.84%
EV/EBITDA
10.00
P/E
29.97
EV/Sales
1.04
Sector
Metals and Mining
Category
turnaround
ArcelorMittal (MT Netherlands): European recovery gathers pace as stronger pricing lifts the earnings outlook
MT.AS (update): Q2 EBITDA $2.06bn in-line; Europe (~1/3 EBITDA) standout on firmer prices, cost discipline. New EU trade framework lifting prices +€20/t. H2 EBITDA seen ~$5bn vs $3.7bn H1. Idled furnace restarts add ~10% EU capacity. India/NA/Brazil expansions drive 2027 growth. Valuation undemanding.
Read full article (2 min)