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News Breaks | | | | February 11, 2013 | | 08:04 EDT |  | MT, TYEKF, X, JFEEF | Bidders for ThyssenKrupp units join forces, Reuters reports
The number of companies bidding for ThyssenKrupp AG's (TYEKF) troubled U.S. and Brazilian steel mills are joining together to make the investment more digestible, sources say, reports Reuters. Japan's JFE Steel Corp (JFEEF) and U.S. Steel (X) are planning a joint bid by a February 28 deadline for final bids, sources say. ArcelorMittal (MT) and Nippon Steel have also joined together, sources say. Brazil's Cia Siderúrgica Nacional has secured financial support from state development bank BNDES. Reference Link | |
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News For TYEKF;JFEEF;X;MT From The Last 14 Days Check below for free stories on TYEKF;JFEEF;X;MT the last two weeks. |
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| 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.
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