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ArcelorMittal ( (MT) ) has provided an announcement.
On 22 December 2025, ArcelorMittal announced three new renewable energy projects in India totaling 1GW of solar and wind capacity, backed by $0.9 billion of capital expenditure and scheduled for completion between 2027 and 2028, which will double its Indian renewable capacity to 2GW and lift its global renewable portfolio to 3.3GW. The power will supply its AMNS India steelmaking joint venture, contributing to an expected 4 million tonnes of annual CO2 savings and covering about 35% of the Hazira plant’s projected 2028 electricity needs once all Indian projects are online, reinforcing the company’s strategy to secure clean energy for its operations and strengthen its competitive position in low‑carbon steel production alongside similar renewable ventures in Brazil and Argentina.
The most recent analyst rating on (MT) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on ArcelorMittal stock, see the MT Stock Forecast page.
Spark’s Take on MT Stock
According to Spark, TipRanks’ AI Analyst, MT is a Outperform.
ArcelorMittal’s stock is supported by strong technical momentum and a positive earnings outlook, despite challenges in profitability and cash flow management. The valuation is reasonable, but the low dividend yield limits immediate income potential. The company’s strategic initiatives and trade tools provide a positive long-term outlook.
To see Spark’s full report on MT stock, click here.
More about ArcelorMittal
ArcelorMittal is one of the world’s leading integrated steel and mining companies, operating in 60 countries with primary steelmaking in 14, and is the largest steel producer in Europe and among the largest in the Americas, with a growing presence in Asia through its AM/NS India joint venture. Serving automotive, engineering, construction and machinery customers, the group generated $62.4 billion in revenue in 2024, producing 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore, and positions itself as a producer of lower‑carbon, higher‑performance steels that support renewable energy and broader energy-transition infrastructure.
Average Trading Volume: 1,349,696
Technical Sentiment Signal: Buy
Current Market Cap: $33.2B
For detailed information about MT stock, go to TipRanks’ Stock Analysis page.