ArcelorMittal Doubles Renewable Energy Capacity in India to 2 Gigawatts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 22 2025
0mins
Source: Yahoo Finance
- Renewable Energy Expansion: ArcelorMittal announced it will double its renewable energy capacity in India to 2 gigawatts, a move that not only responds to global sustainability demands but also significantly enhances the company's competitive position in the green energy sector.
- Strategic Investment: This expansion plan indicates ArcelorMittal's long-term commitment to the Indian market, which is expected to drive higher revenue growth and profit margins for the company in the coming years.
- Environmental Impact: By increasing the use of renewable energy, ArcelorMittal will reduce its carbon footprint, aligning with global emission reduction targets and enhancing its compliance in a market with increasingly stringent environmental regulations.
- Market Outlook: With the growing demand for renewable energy in India, this investment will enable ArcelorMittal to better meet customer needs while strengthening its position in the rapidly evolving green economy.
Analyst Views on MT
Wall Street analysts forecast MT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MT is 44.67 USD with a low forecast of 39.00 USD and a high forecast of 49.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 53.620
Low
39.00
Averages
44.67
High
49.00
Current: 53.620
Low
39.00
Averages
44.67
High
49.00
About MT
ArcelorMittal SA is a Luxembourg-based holding company. The Company, via its subsidiaries, owns and operates steel, iron ore manufacturing and coal mining facilities in Europe, North and South America, Asia, and Africa. The Company is organized in five operating segments: NAFTA; Brazil; Europe; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA, Brazil, Europe, and ACIS segments produce flat, long, and tubular products including slabs, hot-rolled coil, cold-rolled coil, coated steel products, among others. The Mining segment provides steel operations and comprises all mines owned by the Company in the Americas, Europe, Africa, and countries of the Commonwealth of Independent States (CIS).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
