Steel Stocks: Trade Case Could Provide a Big Boost to ArcelorMittal

JPMorgan’s Roger Bell and team explain why they upgraded ArcelorMittal (MT) to Overweight from Neutral: Following ~11% underperformance vs ThyssenKrupp in the last month, we upgrade ArcelorMittal to Overweight from Neutral on valuation grounds, as well as the prospect of improving steel prices during Q4 as trade cases take effect… On Thursday 8th October, Platts […]