ArcelorMittal : No news is good news. Q2 2021 earnings set to be solid. The outlook is still favourable
>The trends are confirmed. The management remains very constructive - In an exchange ahead of the blackout, ArcelorMittal’s CFO, Genuino Christino confirmed that demand remains robust (largely inelastic), that the backlog (stretching until Q4 2021) and delivery times are still just as long and that the level of inventories remains low. The group is operating at full capacity across the board. Last, the management believes, as do we, that 1/ the decision of China to el...ArcelorMittal is a steel company, based in Luxembourg, with operations in more than 60 countries. Co. is active in all major global steel markets, including automotive, construction, household appliances and packaging, as well as activities in Research & Development and technology, with captive supplies of raw materials and its own distribution network. Co. has an industrial presence in over 20 countries spanning four continents, covering key steel markets, from emerging to mature. Co. offers a complete spectrum of steel products from commodity steel to value-added products, from long products to flat, from standard to specialty products, from carbon steel to stainless steel and alloys.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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