ArcelorMittal: Steel Prices To Help Earnings

About: ArcelorMittal (MT)
by: Ezra Weener
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Ezra Weener
Growth at reasonable price, short-term horizon, small-cap, long/short equity

Steel prices are on the rise as demand rises in China.

As demand rises, production is decreasing from environmental regulations in China.

Iron Ore has not been keeping up with steel prices but should rebound as Chinese production has slowed.

While the upside isn't huge, it is there and likely to be seen.

As the trade war rages on, one of the most talked about items of relevance has been steel. While tariffs have made steel more expensive to import into the U.S. which has helped U.S. steel