ArcelorMittal expands AI partnership with AWS, shares tracked after strong 12?month run

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 12:17.

ArcelorMittal S.A. (LU1598757687) has announced a strategic collaboration with Amazon Web Services to accelerate industrial automation and AI across its global steel operations, as highlighted in a recent Zacks and Yahoo Finance technology brief referencing the NYSE-listed MT shares. The Yahoo Finance report on the AWS partnership explains that the alliance also covers a multi-year lower-carbon steel supply agreement for Amazon and AWS data centers in Europe and the U.K.

What the AWS deal covers

Zacks and Yahoo Finance report that ArcelorMittal will integrate AWS cloud, artificial intelligence and edge technologies directly into its manufacturing systems to enhance safety, asset reliability and energy efficiency in its steel plants worldwide. According to the Yahoo Finance article, the company plans to bring its operational technology and information technology environments onto AWS infrastructure, underpinning real-time data analysis from production lines on industrial sites.

In parallel, the same report notes that Amazon has entered into a multi-year contract to procure structural steel from ArcelorMittal across Europe and the U.K., including lower-carbon steel grades intended for Amazon and AWS data center projects, aligning with Amazon’s publicly stated net-zero ambitions for the coming decades. A GuruFocus analysis of the partnership emphasizes that real-time sensor data and machine-learning models on AWS infrastructure are expected to support more automated process control and productivity gains in steelmaking.

Analysts highlight valuation and share performance

The GuruFocus piece on the MT ticker points to a price-to-earnings ratio of around 16.6 for ArcelorMittal, which that service characterizes as clearly above its own fair-value metrics, suggesting a rich valuation compared with historical levels for the stock. In the same GuruFocus note, the GF Score, a composite indicator for long-term return potential used by that platform, sits near the mid-60s on a 100-point scale, which they describe as moderate.

Separately, Zacks cites a roughly 107 percent rise in MT shares over the past year, compared with an industry increase of about 83 percent for metals and mining peers, underscoring that the stock has materially outperformed its sector benchmark in the U.S. market. The Zacks-linked commentary via Yahoo Finance currently assigns ArcelorMittal a Rank #3 (Hold), signaling a neutral stance from that research house despite the strong trailing performance.

The business behind the steel

ArcelorMittal generates most of its revenue by producing and processing steel products such as flat carbon steel, long steel, coated sheets and tubular products for automotive, construction, energy and industrial customers across Europe, the Americas and Asia, with significant operations in integrated mills and mini-mills supported by captive iron ore and coal assets. The company’s own investor information breaks down its segments into Europe, North America, Brazil, ACIS and Mining, indicating a diversified footprint across developed and emerging markets.

Where the stock trades today

ArcelorMittal shares (LU1598757687) trade on Euronext Amsterdam under the ticker MT; as of 2026-06-22, 17:35 local time, the last available close on Euronext showed a price of approximately 31.50 euros according to exchange data.

This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any financial instruments. All data and assessments are based on publicly available sources believed to be reliable but cannot be guaranteed for accuracy or completeness. Investors should conduct their own research or consult a qualified financial advisor before making investment decisions.