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ArcelorMittal Should Rebound Post Destocking Cycle Peak (NYSE:MT)

Monday, 16 January 2023
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ArcelorMittal S.A. (NYSE:MT) is positioned to successfully overcome the peak of the destocking cycle due to the prudent adaption and allocation of production capacity to addressable demand, working capital, and effective cost management. I am bullish on MT, as I believe the company could capture more growth opportunities amid secular trends in the automotive sector and construction recovery once the headwinds weaken their grip and inventory restocking takes place. ArcelorMittal is the world's second-largest steel producer.