ArcelorMittal: An Even Better Entry Point In Cyclical Steel

HJBC Dear readers/followers, Of course, I wish I could say that ArcelorMittal (NYSE:MT) had moved in the way that I tried to predict in my last article, which was now almost a full year ago. I've owned a small stake in this company for several years, and I bought more to this stake at the last time of publishing. Since that particular time, the company has not exactly performed as expected, with an 11% negative RoR. In this article, and you can find my previous coverage here, I will provide you an updat ...