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ArcelorMittal Stock Gains 69% on Strong EBITDA and Buybacks

By Stocks Desk · 2026-09-10 · Updated 2026-09-10 13:38 UTC
A large industrial steel mill with glowing molten metal flowing through a channel
Illustration: Tradingbird

ArcelorMittal shares have surged 69% year-to-date, significantly outperforming the steel sector, driven by robust EBITDA, aggressive capital returns, and strategic capacity expansions in high-value electrical steel and iron ore.

  • According to GN stocks/shares-surge, the rally is underpinned by a 38% reduction in diluted share count since 2020 and specific expansion milestones, including a planned 150,000-ton non-grain-oriented electrical steel facility in Alabama targeted for completion in late 2027.

    Source: GN stocks/shares-surge

  • ArcelorMittal shares have climbed 69% year-to-date, outpacing the broader steel sector as improved price-cost spreads and aggressive capital returns drive performance.

    Source: GN stocks/shares-surge
Based on reporting by GN stocks/shares-surge and GN stocks/shares-surge, compiled by the Tradingbird desk.

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