ArcelorMittal Shares Drop Nearly 12% in One Week to 42.94 Euros
ArcelorMittal experiences a sharp decline this Thursday morning, dropping 5.81% to 42.94 euros in early trading. The Luxembourg-based steelmaker's stock thus deepens its weekly losses, now reaching nearly 12%. This downturn is part of a broader weakness across European markets, with the CAC 40 down 1.64% during the session.
ArcelorMittal's stock price is now significantly below its support threshold identified at 44.73 euros, a level that had previously acted as a technical floor. This break is particularly significant as the stock is below the lower Bollinger band (42.14 euros), indicating an unusual bearish extension. The RSI, at 29, places the stock in an oversold zone, reflecting intense selling pressure over recent sessions.
The short-term momentum is clearly downward: the price is moving away from its 50-day moving average, established at 48.33 euros, representing a gap of more than 11%. The 20-day moving average, at 50.81 euros, confirms the magnitude of the recent drop. Despite this sharp decline, the performance over one year remains largely positive, at 43.8%, and the stock remains above its 200-day moving average (35.72 euros), which puts the current correction into perspective over a longer horizon.
Widespread Decline Among Major European Stocks
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ArcelorMittal's decline occurs in a context of a general pullback among major European stocks. During the session, the CAC 40 is down 1.64% at 7,838.95 points, while the SBF 120 loses 1.65% at 5,937.87 points. Leading industrial stocks such as Schneider Electric (-3.00%) and Airbus (-2.81%) are also experiencing significant sell-offs this morning.
The next key event to watch for ArcelorMittal is the publication of its first-quarter 2026 results, scheduled for April 30. This event could provide new insights into the operational trajectory of the group, in a year marked so far by high volatility of the stock — the one-month volatility stands at 16.53%. Over three months, the stock still shows a gain of 10.93%, reflecting the range of fluctuations since the beginning of the year.
Nous restons confiants dans les perspectives d'ArcelorMittal pour le reste de l'année.
Résultats du 1er trimestre démontrant une résilience avec des marges améliorées.
Risks mentioned
Les taux de change et autres charges financières nettes s'élevaient à 80 M$ au 1T 2026.
La dépense d'impôts sur le revenu pour le 1T 2026 était de 136 M$.
L'augmentation de la dette nette à 9,3 milliards $ pourrait affecter la perception des investisseurs.
Pressions sur le coût des matières premières en raison de l'inflation.
Opportunities identified
L'augmentation de la production d'acier brut à 13,3 Mt en 1T 2026.
Le programme d'investissement stratégique en cours offre un potentiel de croissance.
Le redémarrage des hauts-fourneaux inactifs à Fos et Dabrowa a été préparé.
Les investissements dans de nouveaux fours à arc électrique augurent de meilleures performances.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
