Dahlman Rose Maintains Hold Rating On Arcelor Mittal

According to Dahlman Rose, Arcelor Mittal (NYSE: MT) reported 1Q11 results slightly below its and the consensus estimates.

Dahlman Rose said that it is increasing its 2011 and 2012 estimates based on greater insight into company operations following the segmentation of the mining business. “We maintain our Hold rating.”

Arcelor Mittal closed yesterday at $34.78.