The Luxembourg-based steelmaker marks the second largest increase in the CAC 40 in early afternoon trading, at €53.34, while the Paris index drops 0.37%. The stock may be benefiting from the success of its $1 billion bond issue announced this Wednesday. Its one-year performance now stands at 90.91%.
ArcelorMittal confirmed this Wednesday the placement of a $1 billion bond issue at a rate of 5.375%, with proceeds aimed at meeting the general needs of the company. The Chinese context continues to send favorable signals about general industrial activity, with an official manufacturing PMI at 50.3 in April and industrial production up 5.7% year-on-year in March. For a steelmaker, these data can cautiously support the hypothesis of resilient industrial demand, although they are not sufficient to conclude a clear improvement in steel demand, as the PMI for the Chinese steel sector was below 50 in April.
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At €53.34, the price is significantly above its moving averages: +10.18% relative to the MM20 (€48.41) and +43.31% relative to the MM200 (€37.22). The stock is now in the upper range of the Bollinger Bands at 86%, close to the upper limit at €55.23, indicating a potential overbought configuration. The next technical zone to watch is the resistance at €56.92, about 6.7% above the current price. The RSI at 54 remains neutral, allowing some margin before a tension signal. The weekly rebound has reached 7.58%. The next official appointment: the publication of the second quarter 2026 results, expected on July 30, 2026.
Nous restons confiants dans les perspectives d'ArcelorMittal pour le reste de l'année.
Résultats du 1er trimestre démontrant une résilience avec des marges améliorées.
Risks mentioned
Les taux de change et autres charges financières nettes s'élevaient à 80 M$ 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.
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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.
