Analysts Weigh in on Chinese Zinc Data
Zinc – The zinc market has recently experienced price swings driven by Chinese economic news. Meanwhile, analysts are divided on the outlook for the base metal.
Articles Tagged "NYSE:MT"
ArcelorMittal Plans Sale of Stake in Canadian Unit for $1.1 Billion
Iron – Reuters reported that ArcelorMittal (NYSE:MT) will sell its 15-percent stake — worth $1.1 billion — in ArcelorMittal Mines Canada, its Canadian unit, to a consortium that includes China Steel (TPE:2002) and South Korea's POSCO (NYSE:PKX).
Posco Considers ArcelorMittal Mines Stake
Iron – Bloomberg reported Posco (NYSE:PKX) may buy a stake in ArcelorMittal Mines Canada Inc. (NYSE:MT) after canceling a bid for Arrium Ltd. (ASX:ARI).
Kumba, ArcelorMittal Agree To Extend Iron Ore Supply
Iron – Bloomberg reported Kumba Iron Ore Ltd. (ASX:KIO) agreed to extend a deal to supply ore from its Sishen mine to ArcelorMittal South Africa Ltd. (NYSE:MT) at below-market rates until the end of the year.
Big Changes Shake Up the Manganese Market
Manganese – ArcelorMittal, Glencore, and Vale are at the center of some recent transactions involving major manganese assets. Here’s a look at how the landscape is evolving as a result.
Kumba, ArcelorMittal Yet To Agree
Iron – Reuters reported Kumba Iron Ore (PINK:KIROY) said on Wednesday it had yet to agree with ArcelorMittal South Africa (NYSE:MT) on extending a pricing deal that expired this week.
What Every Investor Needs to Know About the Labrador Trough
Iron – The global economy may have slowed, but iron ore will always be in demand, especially in Asian powerhouses China and India. Iron Investing News looks at Canada's Labrador Trough, an iron-ore-producing region that could one day rival market leaders Australia and Brazil.
ArcelorMittal Plans 2015 Iron Ore Mine
Iron – Minweb reported ArcelorMittal (NYSE:MT) plans to open an iron ore mine in South Africa by 2015.
ArcelorMittal Raises Stake in Bosnia Iron Ore Project
Iron – Reuters reported ArcelorMittal (NYSE:MT) wants to raise its majority stake in Bosnia's Prijedor iron ore unit.
South Africa Awards Anglo American, ArcelorMittal Mining Rights
Iron – Financial Post reported Anglo American (LSE:AAL) and ArcelorMittal (NYSE:MT) won the rights to mine one of South Africa's largest iron ore deposits.
