ArcelorMittal (ADR) (NYSE:MT)
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The Company is a global steel producer. It produces a range of high-quality finished and semi-finished carbon steel products including sheet and plate, long products, including bars, rods and structural shapes, and stainless steel products.
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Based on significant data, there will be a need to spend $40 Trillion on infrastructure on a Global basis over the next 15-20 years. China and India will be big drivers of this growth. $2B on infrastructure spending in the US over the next 5-7 years will need to be done as well. Steel is an excellent play and this is one of the best positioned.