Company Performance: Revenue, profit margins, and earnings reports significantly impact investor sentiment. Strong financials often lead to higher stock prices.

Overall Market Conditions: Broad economic trends like GDP growth, inflation, and interest rates can influence investor confidence and affect stock valuations.

Industry Trends: Developments within the steel industry, such as changes in demand, supply chain disruptions, and technological advancements, can affect SCA-B.ST's price.

Investor Sentiment: Positive news, analyst upgrades, and media coverage can create positive investor sentiment, driving demand and pushing the stock price up.

Global Events: Geopolitical events, trade wars, and other international factors can impact global markets and affect the price of SCA-B.ST.

Competitor Performance: The performance of ArcelorMittal's main competitors can influence market perception and affect its stock value.

Commodity Prices: Fluctuations in the prices of raw materials like iron ore and coal, which are essential for steel production, can impact ArcelorMittal's profitability and stock price.