ArcelorMittal : Q2 preview: waiting for better days…
>Global sector climate broadly in the doldrums - The market climate has continued to deteriorate in recent weeks, dashing recovery hopes that had emerged at the start of the year. China prices are at their lowest since 2020 with local output still too abundant and demand driven down by unending contraction in real estate. This weakness is flowing through to most markets worldwide also on a negative trend, particularly Brazil and India, due to their low trade defences...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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