ArcelorMittal's Positive Expectations for Europe are In-Line With Market Views -- Market Talk

Dow Jones
Feb 05

1036 GMT - ArcelorMittal's expectations to benefit from domestic mills progressively regaining market share from imports in Europe is consistent with J.P Morgan's outlook for the sector, analysts say in a note to clients. J.P Morgan analysts forecast higher pricing power for European steel producers. For the Luxembourg-based steel maker analysts expect single-digit percentage upgrades to consensus estimates for 2026 on the higher fourth-quarter performance and forecasts for increased shipments. ArcelorMittal's results are a positive readacross to other European carbon steel producers--like Salzgitter and Thyssenkrupp--that have yet to report, they add. Shares in Amsterdam trade 3.5% higher at 49.22 euros. (nina.kienle@wsj.com)

 

(END) Dow Jones Newswires

February 05, 2026 05:36 ET (10:36 GMT)

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