Matthew Greene's questions to ArcelorMittal SA (MT) leadership • Q1 2025
Question
Matthew Greene of Goldman Sachs asked for confirmation that ArcelorMittal has been able to pass on higher prices for auto-related volumes from Canada and Mexico into the U.S. to cover duties. He also questioned if the company would consider acquiring high-quality metallurgical coal assets given the distress in that sector.
Answer
Group CFO Genuino Christino confirmed that outflows of auto tonnes from Canada and Mexico have not changed and that the company is honoring all contracts, with the importer of record varying by contract. He stated that order books remain healthy and stable. On the topic of M&A, Christino said that acquiring metallurgical coal assets is not high on the company's agenda at this point.