Company Of The Day: ArcelorMittal

MT: Arcelor Mittal logo
Arcelor Mittal


ArcelorMittal (NYSE:MT) saw net profits surge to about $2.3 billion in Q1’21, compared to a loss of $1.12 billion in Q1’20, driven by an increase in steel prices. EBITDA also jumped 3.3x year-over-year to $3.24 billion from $967 million.


Relevant Articles
  1. What’s New With ArcelorMittal Stock?
  2. What’s New With ArcelorMittal Stock?
  3. Is ArcelorMittal Stock A Buy Following Q4 Results?
  4. Will ArcelorMittal Stock Continue To See Gains?
  5. What’s Happening With ArcelorMittal Stock?
  6. Is ArcelorMittal Stock Likely To Recover From The Recent Selloff?

Steel prices have surged over the last several months, driven by higher iron ore prices and rising demand from China, the United States, and the E.U.

So What?

The outlook for ArcelorMittal remains strong, with the company expecting steel demand to expand by at least 4.5% to 5.5% this year, as economies continue to reopen post-Covid-19. This should continue to drive revenues and margins for the company. ArcelorMittal stock was up 4.5% on Thursday.

Click here for the full Trefis coverage of ArcelorMittal

Looking for a balanced portfolio to invest in? Here’s a high-quality portfolio to beat the market, with over 150% return since 2016, versus 85% for the S&P 500. Comprised of companies with strong revenue growth, healthy profits, lots of cash, and low risk, it has outperformed the broader market year after year, consistently.

See all Trefis Price Estimates and Download Trefis Data here

What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams