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Bullboard - Stock Discussion Forum ArcelorMittal ADR AMSYF


Primary Symbol: MT

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... see more

Bullboard (NYSE:MT)

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Post by marpincanon 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 ...more  
Post by marpincanon Nov 04, 2018 6:32pm

Deal with USW

https://seekingalpha.com/news/3404939-united-steelworkers-arcelormittal-reach-tentative-labor-agreement?app=1#email_link
Comment by bicenteon 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  
Comment by marpincanon 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  
Post by bicenteon 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  
Post by marpincanon Apr 12, 2018 2:16pm

Article fom Seeking Alpha

https://seekingalpha.com/article/4162656-arcelor-mittal-look-global-steel
Post by marpincanon 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  ...more  
Comment by bicenteon 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
Comment by marpincanon 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  
Comment by bicenteon 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 ...more  
Comment by marpincanon 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  
Comment by bicenteon 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
Comment by marpincanon 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  
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