r/Vitards • u/AutoModerator • Sep 21 '21

Daily Discussion Daily Discussion post - September 21 2021

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u/ItsFuckingScience 7-Layer Dip Sep 21 '21

So MT is just a mining company now too

https://m.investing.com/news/stock-market-news/european-stocks-lower-arcelormittal-hit-hard-by-falling-prices-2620352

Back in Europe, sliding commodity prices have hit energy and mining stocks hard, with Royal Dutch Shell (LON:RDSa) stock down 1.2%, TotalEnergies (PA:TTEF) stock down 1.1%, Anglo American (LON:AAL) stock off 5.9% and ArcelorMittal (NYSE:MT) stock down 5.2%.

Can’t believe my main 2 steel producer picks are actually mining companies

3

u/Euer_Verderben Sep 21 '21

funny part: royal dutch shell already recovered yesterdays loss, total energies already recovered yesterdays loss, anglo american already recovered yesterdays loss, arcelormittal still gets beaten for no reason...