EU debates support for Europe’s steel industry as U.S. tariffs loom By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2025
0mins
Source: Investing.com
EU Steel Industry Meeting: European Commission chief Ursula von der Leyen met with steel sector executives to discuss the industry's future amid high energy costs, decarbonisation efforts, and impending U.S. tariffs on steel and aluminum imports.
Trade Safeguards and Market Impact: The EU is considering extending current trade safeguards or implementing new measures to protect local producers from potential surges in steel imports diverted from the U.S., as existing safeguards are set to expire in mid-2026.
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: 53.420
Low
39.00
Averages
44.67
High
49.00
Current: 53.420
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.
