2. As of noon trading, ArcelorMittal ( MT) is down $0.38 (-2.8%) to $12.99 on average volume Thus far, 5.7 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 10.1 million shares. The stock has ranged in price between $12.90-$13.03 after having opened the day at $12.96 as compared to the previous trading day's close of $13.37.

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa, and CIS; Distribution Solutions; and Mining. ArcelorMittal has a market cap of $20.9 billion and is part of the basic materials sector. Shares are down 23.5% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates ArcelorMittal as a hold. Among the primary strengths of the company is its generally strong cash flow from operations. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full ArcelorMittal Ratings Report now.

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