Analyst ConfidenceAnalyst reiterates a Buy rating with a price objective of EUR31, indicating confidence in the stock's potential.
Growth StrategyArcelorMittal's acquisition of the remaining 50% of the Calvert JV is seen as a positive outcome, contributing to an exceptional gain and increasing group EBITDA.
Market OpportunitiesGerman Infrastructure Fund is estimated to add 1.5-2% to annual steel demand in Europe, which could benefit ArcelorMittal.