NEW YORK (Reuters) - The United Steelworkers union is urging members to authorize a strike against ArcelorMittal MTP MT, the world's largest steelmaker. "We are aware that the USW is pursuing a strike authorization vote but negotiations are ongoing and we remain ...
JOHANNESBURG, South Africa -- Regulatory News: Following the announcement on 20 November 2007, in which Kalagadi Manganese and ArcelorMittal announced the finalisation of an agreement confirming the selection of ArcelorMittal as a joint venture partner in developing Kalagadi's manganese deposits, the Parties have today announced that all conditions...
LUXEMBOURG -- Regulatory News: ArcelorMittal believes that due to the cost increases in raw materials and steel equipment, steel pricing will continue to remain structurally strong. Yesterday's announcement from South Africa reflects specific currency developments and local price mechanisms. However globally ArcelorMittal will generally maintain its...
LUXEMBOURG -- Regulatory News: ArcelorMittal, under the new share buy-back program as announced on 12 December and on 18 December 2007, hereby announces that it has repurchased 2,990,000 shares from 25 August until 29 August 2008. The shares were repurchased at an average price of [euro]52.2523...
Researched by Industrial Info Resources(Sugar Land, Texas) -- In a bid to counter the adverse effects of soaringiron ore prices and secure a stable supply of raw material, Japanese steelmajors are teaming up to jointly acquire overseas iron ore mining rightsand share the purchase costs among themselves. The consortium...
LUXEMBOURG -- Regulatory News: ArcelorMittal, under the new share buy-back program as announced on 12 December and on 18 December 2007, hereby announces that it has repurchased 2,630,000 shares from 18 August until 22 August 2008. The shares were repurchased at an average price of [euro]51.7157...
Researched by Industrial Info Resources(Sugar Land, Texas) -- ArcelorMittal (NYSE:MT) Luxembourg is movingforward with the $1.2 billion expansion of the Monlevade Steel Mill,located about 110 kilometers from Belo Horizonte, the capital of MinasGerais state in southeastern Brazil. Construction began in March 2008 andis expected to last 30 months. Construtora Lideranca...
The Canadian International Trade Tribunal today found that the dumping and subsidizing of carbon steel welded pipe originating in or exported from the People's Republic of China had caused injury to the domestic industry. Anti-dumping and countervailing duties will therefore be collected by the Canada Border Services Agency. The complainant...
LUXEMBOURG -- Regulatory News: ArcelorMittal, the world's leading steel company, today announces that it has agreed to acquire 100% of the issued share capital of London Mining South America Limited ("London Mining Brasil") from Oslo listed London Mining plc ("London Mining") for approximately US$764 million. The transaction also...
Adriana Resources Inc. ("Adriana" or the "Company") - (TSX VENTURE: ADI) is pleased to announce that it has reached an agreement (the "Port Agreement") with ArcelorMittal, the world's leading steel company, on the principal terms for the development of an iron ore port facility in the State of Rio de...
BALTIMORE -- KPMG Corporate Finance LLC, a full service, independent, middle-market investment bank, today announced that it was the exclusive advisor for the privately-owned Concept Mining and The Ridge Land Group on the sale of its metallurgical coal business in West Virginia to ArcelorMittal, the world's largest integrated metals and...
Adriana Resources Inc. ("Adriana" or the "Company") - (TSX VENTURE: ADI) is pleased to announce that it has reached an agreement (the "Port Agreement") with ArcelorMittal, the world's leading steel company, on the principal terms for the development of an iron ore port facility in the State of Rio de...
PARIS AFP — Global steel giant ArcelorMittal said Wednesday it had acquired an iron mine in Brazil for about 810 million dollars (550 million euros), expanding its access to the metal as prices soar. The company, the world's biggest steel producer, said it bought the London Mining Brasil...
LUXEMBOURG -- Regulatory News: ArcelorMittal, under the new share buy-back program as announced on 12 December and on 18 December 2007, hereby announces that it has repurchased 1,500,000 shares from 11 August until 15 August 2008. The shares were repurchased at an average price of EUR...
Researched by Industrial Info Resources(Sugar Land, Texas) -- Global steel giant ArcelorMittal (NYSE:MT)Luxembourg is planning to select an engineering firm by the third quarterof 2008 to perform consulting services for the $127 million galvanizingexpansion project of its Brazilian unit, Vega, in the city of Sao Franciscodo Sul, about 150 kilometers...
MEXICO CITY & LUXEMBOURG -- Regulatory News: ArcelorMittal is pleased to announce today it plans to construct a new steel mill in Mexico. It will produce carbon steel and bars including rebar, merchant bar quality and special bar quality products that will principally serve the construction and automotive...
LUXEMBOURG -- Regulatory News: ArcelorMittal, the world's leading steel company, today announces that it has signed an agreement to acquire the Koppers' Monessen Coke Plant from Koppers Inc. for $US 160 million. Koppers' Monessen Coke Plant, located in Monessen, Pennsylvania produced 320,000 metric tons of metallurgical...
Koppers Holdings Inc. (NYSE: KOP) announcedtoday that its wholly owned subsidiary, Koppers Inc., has entered into adefinitive agreement to sell its metallurgical coke plant located inMonessen, Pennsylvania to ArcelorMittal SA for a purchase price ofapproximately $160 million. Closing of the transaction is subject tocustomary closing conditions including regulatory approvals...
BEIJING AFP — China Oriental said Monday a takeover of the firm by ArcelorMittal had stalled after Chinese regulators failed to give the green light to the proposed deal in the strategically key steel sector. China's anti-trust regulator failed to approve the deal for ArcelorMittal to take a...
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