ArcelorMittal shares fall 3.07% intraday as South Africa blast furnace incident raises concerns.

ArcelorMittal's stock price decreased by 3.07% during intraday trading. The decline may be attributed to the recent news that ArcelorMittal South Africa's Newcastle blast furnace has experienced an incident, which could potentially impact the company's operations and profitability. Additionally, the overall market sentiment was cautious as investors awaited the US employment report, which could influence the Federal Reserve's interest rate decisions.