ArcelorMittal Shares Rise Above €51, Marking a +89.74% Yearly Increase
The Luxembourg-based steelmaker opened Wednesday's session with a significant increase, as its share price reached €51.06. The stock benefits from a supportive European environment, with the CAC 40 up 1.19% to 8,158.51 points at the opening. The annual performance stands at +89.74%.
A Technical Rebound Pushes the Stock Towards the Upper Band
ArcelorMittal gained 2.99% to €51.06 after closing the previous day at €49.58. This movement pushes the price above the 50-day moving average (€49.32), which it crossed upwards, and well above the 200-day moving average at €36.56. The stock is positioned at the upper end of the Bollinger Bands, close to the upper boundary located at €53.12. The RSI at 53 remains in the neutral zone, with no signs of excess. The identified resistance at €56.92 is still about 11% away from the current price. Over the past seven days, the performance is at +3.53%, following a turbulent April due to a downgrade by Santander and several sessions of decline related to the geopolitical context.
Steel Industry Outlook Remains Dependent on Oil Prices and European Measures
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The rebound occurs in a European market climate trending upwards, with the SBF 120 up 1.16% and the DAX up 1.08%. Brent crude remains around $108 per barrel, a level that impacts the energy costs of steelmaking. During the Q1 earnings release on April 30, the company confirmed a net profit of $575 million and an EBITDA per ton increase of $15 year-over-year, to $131. Among the opportunities highlighted by the company are European trade measures and improvements to the Carbon Border Adjustment Mechanism (CBAM), which are likely to support profitability in Europe. The next financial meeting is scheduled for July 30, 2026, with the publication of the second quarter results.
Nous restons confiants dans les perspectives d'ArcelorMittal pour le reste de l'année.
Résultats du 1er trimestre démontrant une résilience avec des marges améliorées.
Risks mentioned
Les taux de change et autres charges financières nettes s'élevaient à 80 M$ 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.
