ArcelorMittal, Moody's raises outlook to positive, confirms rating. Moody's upgraded Arcelormittal's outlook to 'positive' from'stable', confirming its long-term rating at Baa3.

“Today's change in outlook to. positive primarily reflects the progress Arceli Mittal is making in strengthening its. business profile and structurally improving its profitability, while maintaining positive cash flow and. capital allocation discipline,” explains the company. rating.