ArcelorMittal's Stock Continues to Rise at the Close of January 12, 2026
ArcelorMittal's stock closed the session on Monday, January 12, 2026, at 41.15 euros, up 1.91% from the previous day's 40.38 euros. The trading volume remained moderate with only 0.15% of the capital traded. The stock has thus recorded a weekly performance of 3.24% and shows a rebound of 27.32% over three months. Over one year, the Luxembourg-based steelmaker has seen a spectacular rise of 90.25%, indicating a marked recovery. This momentum comes in a context of favorable analyst recommendations, notably from Citigroup which on January 7 raised its price target from 40 to 45 euros, the highest target in the Bloomberg consensus. Morgan Stanley had previously upgraded its market weight recommendation to overweight on January 7, with a price target raised from 33.70 euros to 46.20 euros, offering a potential upside of 12% from the current price.
Technically, the stock is now trading above its 50-day moving average set at 36.64 euros, while approaching its key resistance threshold at 41.42 euros. Breaking through this level could pave the way for a continuation of the upward movement. The RSI indicator is at 66, in a tension zone but without imminent signs of overbuying, suggesting that the bullish momentum remains intact without being excessive. Additionally, on December 26, 2025, the group signed a Nuclear Production Allocation Contract with EDF for its French sites, guaranteeing a low-carbon electricity supply for 18 years. This announcement supports the steelmaker's decarbonization strategy. The annual results for 2025 are expected on February 6, a deadline watched by the market to confirm the group's trajectory in a context of structural transformation of the European steel sector.
