The Latest Breaking News from MT

Someone with a lot of money to spend has taken a bullish stance on ArcelorMittal (NYSE:MT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The steel industry is expected to witness increased demand amid a post COVID-19-pandemic ramp up in manufacturing and construction activities and federally funded infrastructure projects. Thus, we think the stocks of quality steel companies Ternium (TX) and ArcelorMittal (MT), which are currently trading at discounts to their peers, could be…

Investors should consider taking advantage of the dip in the market and invest in stocks that could provide them substantial profits and growth in the long-term. With that in mind, we have high high-conviction on these two stocks: ArcelorMittal (MT) and Ryerson Holding (RYI).

As the Russia-Ukraine war continues, the steel market remains in focus, as the two warring nations account for significant global steel exports. With steel prices expected to remain high, fundamentally strong steel stocks ArcelorMittal (MT), Reliance Steel & Aluminum (RS), and Ternium (TX) could be solid investments right now.

The advent of algorithms has made technical analysis even more important in today’s market environment. This is especially true on shorter-term trades. Fundamentals are important in the long run, but technicals are vital for the near term. I discuss this concept below and how to apply this important precept to…

Using short-term stock swings for long-term portfolio profits.

Improving America’s infrastructure is one rare area of bipartisan agreement. According to Gallup, 68% of Americans expressed support for infrastructure spending. The Infrastructure Jobs and Investment Act was passed at the end of last year and will benefit stocks like Rio Tinto (RIO), Cummins (CMI), ArcelorMittal (MT), Eaton (ETN), and…

  Shares of ArcelorMittal (NYSE:MT) rose by 2.89% in the past three months. Before having a look at the importance of debt, let us look at how much debt ArcelorMittal has.

While the basic materials sector has suffered significantly due to the supply chain crisis and surging inflation, strong consumer demand and a revival of economic activities should drive the industry's growth this year. Therefore, we think quality basic materials stocks LyondellBasell (LYB), ArcelorMittal (MT), and Sibanye Stillwater (SBSW), which look…