ArcelorMittal stock gains as steel demand and profits improve
Published on 09/08/2026 at 14:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ArcelorMittal stock (LU1598757687) traded at USD 78.63 on September 4, 2026, after rising 72.5 percent from the start of the year, while market data put the 52-week range at USD 33.62 to USD 78.78 and market capitalization at USD 60.94 billion.MarketBeat
Q1 cash flow stayed strong
The latest reported operating update on ArcelorMittal came through its Q1 FY2026 earnings call, where the company said EBITDA reached USD 131 per ton, up USD 15 per ton year over year and 50 percent above historical averages.Yahoo Finance The same call said underlying free cash flow annualized above USD 2 billion, which matters more than the headline share price for investors tracking balance-sheet support and capital returns.
That combination gives the stock a clear setup: the share price sits within USD 0.15 of the 52-week high, while the operating data show that the cycle is still translating into cash.MarketBeat
Steel demand adds support
Reuters reported on September 8, 2026, that Indian steel prices are expected to rise further in the coming weeks as post-monsoon demand improves and higher coking coal costs lift production costs. For ArcelorMittal, that is relevant because steel pricing and input costs remain the two main levers behind margin direction.
The market is also still digesting the company's Q1 message that stronger Q2 results were expected across steel segments, driven by improved pricing, higher volumes and new trade policies in Europe.Yahoo Finance In that context, the stock's 72.5 percent year-to-date gain is not just a chart story but a read-through on margin resilience.
Products and exposure
ArcelorMittal's core business remains flat and long carbon steel, coated and specialty steels, tubular products and value-added solutions for automotive, construction and energy customers.MarketBeat Those end markets matter because they determine how quickly pricing power can turn into EBITDA and cash flow.
Close to the high
ArcelorMittal stock finished the latest quoted session at USD 78.63, with intraday trading between USD 77.76 and USD 78.78 and volume of 1.61 million shares on September 4, 2026.MarketBeat
ArcelorMittal stock data
- Company: ArcelorMittal S.A.
- ISIN: LU1598757687
- Ticker: MT
- Trading venue: NYSE
- Price (as of September 4, 2026, 3:58 PM): USD 78.63
- Market capitalization: USD 60.94 billion (as of September 7, 2026)
- Sector / Industry: Materials / Steel
- Index membership: not stated in the available market data
