MT NEWS why is Arcelormittal price falling or rising

MT NEWS reasons for why stock price of Arcelormittal is falling or rising

MT Arcelormittal is falling or rising technical reasons

Technical analysis forecast of Arcelormittal Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Arcelormittal MT at this time. Stock is rising and might rise more.

It appears as if Arcelormittal MT gave a large move recently.

Stock of Arcelormittal (MT) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for Arcelormittal is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 29.5, for a target of 28.5 or 27.59

MT Arcelormittal is falling or rising NEWS fundamental reasons

ArcelorMittal Nippon Steel JV draws up big new plan for India, lines up Rs 2.6 lakh crore ArcelorMittal Nippon Steel (AM-NS) is readying a massive -billion investment in India over the next decade, aiming to boost steel production capacity to 40 MTPA. This expansion is fueled by a positive outlook on India's infrastructure and automobile sec - NEWS as on 2025-04-17 indiatimes.com

ArcelorMittal Nippon India to go green steel in a big way ArcelorMittal Nippon Steel (AM/NS) India aims for 70% green steel production at its Hazira plant by 2027, aligning with India's green steel vision. This expansion, requiring a Rs 60,000 crore investment, targets 15.6 mtpa capacity with three-star green rat - NEWS as on 2025-04-16 indiatimes.com

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MT Arcelormittal current price & indicator signals