News Breaks |
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| November 30, 2012 |
| 12:04 EDT |  | MT, AKS | ArcelorMittal patent infringement suit against AK Steel revived
The U.S. Court of Appeals for the Federal Circuit ruled that a new trial is required in the patent infringement lawsuit brought by ArcelorMittal (MT) against AK Steel (AKS) and Severstal. The appeals court determined that the lower court’s claim construction error prevented the jury from properly considering ArcelorMittal’s evidence. The patent at the center of the suit covers boron steel sheet with an aluminum-based coating applied after rolling the sheet to its final thickness, according to a court filing. The process is used in the manufacture of automobile parts. Reference Link |
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News For MT;AKS From The Last 14 Days Check below for free stories on MT;AKS the last two weeks. |
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| May 13, 2013 |
| 08:26 EDT |  | MT | ArcelorMittal calls for protection from Chinese competition, FT says
The chairman of ArcelorMittal, Lakshmi Mittal, has urged Europe to consider applying higher tariffs on imports of Chinese-produced steel, or for a surcharge on imported steel from "countries where environmental standards are very low,” according to Financial Times. Reference Link |
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| May 10, 2013 |
| 10:13 EDT |  | MT | ArcelorMittal gaps up after Q1 report, guidance, levels to watch
The shares are up over 5% at time of writing to $13.22. At that price, next resistance is at $13.75. Support is at $13.03. |
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| 08:57 EDT | | MT | ArcelorMittal backs guidance for FY13 EBITDA above $7.1B
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| 08:55 EDT |  | MT | ArcelorMittal reports Q1 revenue $19.75B, one estimate $20.86B.
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| May 8, 2013 |
| 08:36 EDT |  | AKS | Wells Fargo to host a conference
2013 Industrial and Construction Conference is being held in New York on May 8-9 with webcasted company presentations to begin on May 8 at 8:55 am; not all company presentations may be webcasted. Webcast Link |
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