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Stock Market & Financial Investment News

News Breaks
January 16, 2013
17:59 EDTSID, MT, NUE, TYEKFArcelorMittal bids for ThyssenKrupp's Alabama plant, WSJ says
ThyssenKrupp (TYEKF)'s Alabama steel operations have seen bids from ArcelorMittal (MT), Brazil's Cia. Siderúrgica Nacional (SID) and Nucor (NUE), with ArcelorMittal and Cia. Siderúrgica Nacional emerging as the leading bidders, says the Wall Street Journal. Reference Link
News For MT;TYEKF;NUE;SID From The Last 14 Days
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May 20, 2013
07:58 EDTNUEBofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am.
May 15, 2013
08:24 EDTTYEKFThyssenKrupp write-down may lead to Americas sale, Reuters reports
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May 13, 2013
08:26 EDTMTArcelorMittal 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
May 10, 2013
10:13 EDTMTArcelorMittal 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.
08:57 EDTMTArcelorMittal backs guidance for FY13 EBITDA above $7.1B
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08:55 EDTMTArcelorMittal reports Q1 revenue $19.75B, one estimate $20.86B.
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