Deutsche Bank cited ArcelorMittal’s fourth-quarter performance as rebasing its trough cycle to a higher level.
ArcelorMittal S.A.’s (MT) shares soared 11.2% after the company reported fourth-quarter 2024 adjusted earnings per share of $0.52, surpassing the Zacks Consensus Estimate of $0.41.Shares of Intercontinental...
The steelmaker announced that it expects to generate free cash flow (FCF) during 2025 and beyond. It also said that it would distribute half of post-dividend FCF to shareholders through share buybacks....
For Immediate ReleaseChicago, IL – January 28, 2025 – Today, Zacks Equity Research discusses Nucor Corp. NUE, ArcelorMittal S.A. MT and Steel Dynamics, Inc. STLD.Industry: SteelLink: https://www.zacks.com/commentary/2403517/3-steel-producer-stocks-to-watch-amid-pricing-headwindsThe...
The Zacks Steel Producers industry is buffeted by significant challenges as steel prices have experienced a sharp decline in the United States and globally. Soft demand in China amid an economic slowdown...
Some of the world’s biggest polluters are reaping billions of dollars through a lax form of green finance, a new investigation by The Examination has found
EQNX::TICKER_START (NYSE:X),(NYSE:MT),(NYSE:UUUU),(NYSE:HII),(NYSE:LDOS) EQNX::TICKER_END
This steel stock could be a value pick for investors to capitalize on a recovery in the European market.
The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -2.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -3.15%. Stocks sold...
The S&P 500 Index ($SPX ) (SPY ) today is down -1.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.28%. Stocks today are sharply...