ArcelorMittal ADR (MT) News

ArcelorMittal ADR (MT): $24.41

0.19 (+0.78%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: Steel

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MT News Highlights

  • MT's 30 day story count now stands at 4.
  • Over the past 23 days, the trend for MT's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
  • The most mentioned tickers in articles about MT are EU, PAY and ODD.

Latest MT News From Around the Web

Below are the latest news stories about ARCELORMITTAL that investors may wish to consider to help them evaluate MT as an investment opportunity.

Potential Bids for U.S. Steel Keep Getting Weirder

Canadian steel maker Stelco is considering a bid for United States Steel, Bloomberg reports. That's odd.

Yahoo | September 22, 2023

ArcelorMittal S.A.'s (AMS:MT) top owners are private companies with 39% stake, while 36% is held by individual investors

Key Insights The considerable ownership by private companies in ArcelorMittal indicates that they collectively have a...

Yahoo | September 19, 2023

EU to launch first phase of world-first CO2 border tax

The European Union starts the initial phase of its plan for the world's first carbon border tax next month, requiring importers to report the CO2 emissions of products sold into Europe, such as steel and cement, or risk financial penalties. Once it is fully in force from 2026, imports into the EU will pay a CO2 fee equal to what European companies already pay in Europe's carbon market. Turkey, Ukraine, China and Russia are expected to have the biggest volumes of exports affected by the CO2 tax - although EU trade with Russia has plunged since the Ukraine conflict.

Yahoo | September 13, 2023

U.S. Steel (X) Explores Strategic Alternatives Amid Proposals

U.S. Steel (X) explores strategic options in response to multiple unsolicited proposals.

Yahoo | August 30, 2023

Steelworkers could tip scales for Cleveland-Cliffs' bid for U.S. Steel

One analyst thinks Cleveland-Cliffs Inc. could end up acquiring United States Steel Corp. because it has one thing other bidders don't have: A nod from the United Steelworkers. U.S. Steel (NYSE: X) on Aug. 13 spurned the public offer by the rival steelmaker based in Cleveland of $17.50 in cash plus stock in Cliffs valued at about $7.3 billion. ArcelorMittal (NYSE: MT) is reportedly considering a bid.

Yahoo | August 21, 2023

5 big deal reports: US Steel bidding war heats up; ArcelorMittal weighing an offer

Here is your Pro Recap of 5 head-turning deal dispatches you may have missed last week: ArcelorMittal considers acquiring US Steel, Intel and Tower Semiconductor terminate the acquisition, Arena Group announces strategic expansion with Bridge Media Networks, and merger deals at Energy Transfer and Crestwood Equity, and Ball’s aerospace business and BAE Systems. InvestingPro subscribers got this news first.

Yahoo | August 19, 2023

Steel Union Throws a Curveball in Battle for U.S. Steel

The devil is in the details. Investors shouldn't forget about some rights the United Steelworkers union has at United States Steel.

Yahoo | August 18, 2023

Stock Market Today: Tech Stocks Lag as Treasury Yields Spike

All three major indexes closed lower Thursday as the 10-year Treasury yield hit its highest level since 2008. Stocks struggled for direction Thursday as investors digested some good-news-is-bad-news economic data and the latest batch of earnings reports. The bulk of the day's price action was to the downside, though, with tech stocks seeing outsized losses as Treasury yields spiked to levels not seen since the Great Financial Crisis. On the economic front, the Philadelphia Fed manufacturing inde

Yahoo | August 17, 2023

Report: ArcelorMittal considers bid for U.S. Steel

A published report has revealed a wider interest in United States Steel Corp. than the two companies that have revealed themselves publicly. ArcelorMittal, the European steel giant that is one of the biggest companies in the industry, is considering a bid for the Pittsburgh-based steelmaker, according to Reuters. Reuters said ArcelorMittal was working with investment bankers but it wasn't clear whether it would actually bid.

Yahoo | August 17, 2023

TJX and Target Earnings Look Strong. Why That Points to Higher Fed Rates.

China lays out growth plan, Cisco’s orders rebound as it eyes multiyear AI opportunity, and other news to start your day.

Yahoo | August 17, 2023


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