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News Breaks | | | | January 15, 2013 | | 08:00 EDT |  | NUE, MT, PKX, TYEKF, X | EU concludes Chinese steel subsidies illegal, FT reports
The European Commission has determined that China is providing illegal subsidies to its steel manufacturers, according to a report to be presented to EU member states this month, said the Financial Times. The commission must then determine whether to request formal duties, which would provide relief to European steelmakers such as ArcelorMittal (MT) and ThyssenKrupp (TYEKF), FT added. Reference Link | |
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News For MT;X;PKX;NUE;TYEKF From The Last 14 Days Check below for free stories on MT;X;PKX;NUE;TYEKF the last two weeks. |
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| May 20, 2013 | | 07:58 EDT |  | NUE | BofA/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 EDT | | TYEKF | ThyssenKrupp write-down may lead to Americas sale, Reuters reports
 Subscribe for More Information | | | 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 | | | 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. | | | 08:57 EDT |  | MT | ArcelorMittal backs guidance for FY13 EBITDA above $7.1B
Subscribe for More Information | | | 08:55 EDT |  | MT | ArcelorMittal reports Q1 revenue $19.75B, one estimate $20.86B.
Subscribe for More Information | | | 05:57 EDT | | PKX | Posco's delayed $12B India steel project helped by court order, Reuters reports
In India, Posco's planned $12B project received a boost after a top court said the federal government will decide on giving the South Korean steelmaker's long-delayed plant preferential access to iron ore, reports Reuters. Posco has waited eight years to get necessary clearances, land and an iron ore mining license to start work on the project, called India's largest foreign direct investment. Reference Link | | | May 8, 2013 | | 16:00 EDT |  | X | Options Update; May 8, 2013
CBOE Volatility Index VIX down 17c to 12.66. Option volume leaders: BAC GOOG C AAPL DIS X XOM according to Track Data. | |
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