ArcelorMittal, Lake Shore Gold, Freeport-McMoRan and a number of US-focused oil and gas companies were mentioned by analysts last week as showing potential for significant upside.
Articles Tagged "NYSE:MT"
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.
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).
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).
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.
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.
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.
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.
Iron – Minweb reported ArcelorMittal (NYSE:MT) plans to open an iron ore mine in South Africa by 2015.
Iron – Reuters reported ArcelorMittal (NYSE:MT) wants to raise its majority stake in Bosnia's Prijedor iron ore unit.