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Bullboard - Stock Discussion Forum
ArcelorMittal ADR
AMSYF
Primary Symbol:
MT
Steel
Steel
ArcelorMittal SA is a Luxembourg-based holding company. The Company, via its subsidiaries, owns and operates steel, iron ore manufacturing and coal mining facilities in Europe, North and South America, Asia, and Africa. The Company is organized in five operating segments: NAFTA; Brazil; Europe; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA, Brazil, Europe, and ACIS...
segments produce flat, long, and tubular products including slabs, hot-rolled coil, cold-rolled coil, coated steel products, among others. The Mining segment provides steel operations and comprises all mines owned by the Company in the Americas, Europe, Africa, and countries of the Commonwealth of Independent States (CIS).
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Bullboard (NYSE:MT)
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marpincan
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Post by
marpincan
on Sep 27, 2019 7:57am
Canadian Iron Ore on sales block?
ArcelorMittal eyes sale of Canadian iron operations worth $2 billion Steelmakers have been hit by a slump in demand from the auto industry and competition from cheap imports ArcelorMittal
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(5)
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marpincan
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Post by
marpincan
on Nov 04, 2018 6:32pm
Deal with USW
https://seekingalpha.com/news/3404939-united-steelworkers-arcelormittal-reach-tentative-labor-agreement?app=1#email_link
(205)
•••
bicente
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Comment by
bicente
on Aug 25, 2018 9:34pm
RE:RE:So what is the deal with steel these days ???
Thank you for your assessment of their situation ... I have friends who retired from this company and they told me to buy into it because it is a solid company ... so far so god but I guess the
...more
(5)
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marpincan
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Comment by
marpincan
on Aug 25, 2018 9:58am
RE:So what is the deal with steel these days ???
IMO - Steel stocks are caught up in the uncertainty of the US trade actions and the fact that they could have a negative impact on world growth. MT due to the fact that it has production capability in
...more
(205)
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bicente
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Post by
bicente
on Aug 24, 2018 9:37am
So what is the deal with steel these days ???
One day we are down then up and then down again ... Are the markets waiting for the trumpster to be taken down before the markets climb back up ??? ... I noticed X is seesawing too ... is the whole
...more
(5)
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marpincan
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Post by
marpincan
on Apr 12, 2018 2:16pm
Article fom Seeking Alpha
https://seekingalpha.com/article/4162656-arcelor-mittal-look-global-steel
(5)
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marpincan
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Post by
marpincan
on Dec 02, 2017 2:39pm
Things heating up for steel going forward!
A Cheerful October For Crude Steel As Global Production Soars Dec. 1, 2017 6:16 AM ET | Includes: SLX MetalMiner Commodities, ETF investing, base metals
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(205)
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bicente
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Comment by
bicente
on Jun 15, 2017 10:57am
RE:RE:RE:RE:What's the idea behind the reverse split???
Yes they do have a good track record but a reverse share split that is tanking is worrisome for me right now ... I can't find anything that can explain the falling share price .. glta
(5)
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marpincan
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Comment by
marpincan
on May 29, 2017 3:40pm
RE:RE:RE:What's the idea behind the reverse split???
The Mittal family owns 40% of the shares and so I do not see them knowingly doing anything to negatively affect share price. They also did a big capital raise with the warrent issue not to long ago
...more
(205)
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bicente
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Comment by
bicente
on May 22, 2017 8:53pm
RE:RE:What's the idea behind the reverse split???
I always thought that reverse split meant that there would be an issue for more shares by the co pany down the road to raise capital... I don't see this reverse split as a bad thing but why do it
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(5)
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marpincan
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Comment by
marpincan
on May 22, 2017 4:33pm
RE:What's the idea behind the reverse split???
IMO = The reverse spilt puts them at a better trading price. They also had over 2 billion shares outstanding which is high andf this brings that down. Now is also a good time to do it as the steel
...more
(205)
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bicente
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Post by
bicente
on May 22, 2017 10:43am
What's the idea behind the reverse split???
(205)
•••
bicente
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Comment by
bicente
on Feb 13, 2017 12:44pm
RE:RE:We are going for 1year high , just when the experts were
I like what you are preaching ... they are running a tight ship here in Montreal (cutting down on useless overtime and cracking down on slackers) ... it looks like it is working well ... glta
(5)
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marpincan
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Comment by
marpincan
on Feb 10, 2017 1:30pm
RE:We are going for 1year high , just when the experts were
With Europe and America both pushing back on Dumped chineese steel and Brazil bouncing off a bottom and Trumps infrastructure and Jobs policies, we should be in for a good stretch going forward. Also
...more
(205)
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bicente
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Post by
bicente
on Feb 10, 2017 11:15am
We are going for 1year high , just when the experts were
Suggesting to sell... good job guys
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