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ArcelorMittal SA

Type: Company

Name: ArcelorMittal SA (Mittal Steel Company NV)

Nationality: Luxembourg

Web Address: http://www.arcelormittal.com/

Fact Sheet: Fact Sheet for ArcelorMittal SA

First reported 1 hour ago - Updated 1 hour ago - 1 reports

Zoning restrictions threaten reopening of coke facility

Monessen leaders' vision for the future could impact its economy today.The city has been sued in two counties over the rezoning of an industrial tract along the Monongahela River where the proposed artist colony headquarters would be. The rezoning bans ... [Published Pittsburgh Tribune Review - 1 hour ago]

Entities: Zoning, Wastewater, ArcelorMittal SA

First reported May 17 2013 - Updated May 17 2013 - 2 reports

ArcelorMittal Kryvyi Rih completes blast furnace repair in record time

Tags: Ukraine , CIS , ArcelorMittal , production , steelmaking , Istanbul | similar articles »Global steel giant ArcelorMittal has announced that its Ukrainian subsidiary ArcelorMittal Kryvyi Rih has finished the overhaul of its blast furnace No. 7 in ... [Published SteelOrbis - May 17 2013]

Entities: ArcelorMittal SA, Calibration, Short Ton

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Cliffs Natural Resources Inc

Cliffs Natural Resources Inc (CLF): How High Is Too High?

Cliffs Natural Resources Inc (NYSE: CLF ) is up nearly 20% over the last week on hopes that various cost cutting plans and hopes that China’s importing more iron ore will help the company finally turnaround. Last quarter (1Q), the company managed to ... [Published InsiderMonkey.com - May 17 2013]

Entities: Iron Ore, Cliffs Natural Resources Inc, New York Stock Exchange, Vale SA

First reported May 17 2013 - Updated May 17 2013 - 1 reports

SINA Corporation

US markets set for strong open following yesterday's CPI report

Today 8:25 AM ET (S&P Capital IQ)PrintU.S. markets are trading higher today following a flood of economic reports yesterday. Perhaps the most important yesterday was the April CPI report, which showed that consumer prices were down 0.4% during the month. ... [Published TD Ameritrade - May 17 2013]

Entities: SINA Corporation, EURONEXT 100, Gold Fields Ltd, 3D System

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Manufacturing

Manufacturers rely on African markets

Londiwe ButheleziAfrica is emerging as a prime destination for South African manufactured goods exports.A notable 26 percent of the manufacturing firms surveyed by the Manufacturing Circle reported that more than 80 percent of their total exports went ... [Published IOL - May 17 2013]

Entities: Manufacturing, Bell Equipment Ltd, Industrial Action, Index, Business Confidence

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Steel Price Under Tremendous Pressure In Europe

I've talked long about how China overproduction of steel was bound to provoke a problem worldwide. Such a problem is now clearly ongoing. Just a couple of days ago ArcelorMittal (MT) was asking European authorities to , and at the same time moving to ... [Published Seeking Alpha - May 17 2013]

Entities: Steel, ArcelorMittal SA, China

First reported May 16 2013 - Updated May 16 2013 - 2 reports

ArcelorMittal SA

ArcelorMittal Kryvyi Rih repairs blast furnace in record time

ArcelorMittal Kryvyi Rih, the largest producer of rolled steel in Ukraine, has finished the overhaul of its blast furnace number seven after just 26 days. A total of 17 operations were performed on the blast furnace. "In April we accomplished a category ... [Published Noodls - May 16 2013]

Entities: ArcelorMittal SA, Gap Analysis, Calibration

First reported May 15 2013 - Updated May 16 2013 - 2 reports

Hopes of Americas sale rise as Thyssen takes writedown

* Cuts book value of Steel Americas to 3.4 bln euros * Q2 net loss 656 mln euros vs poll avg 25.5 mln profit * Q2 adj EBIT 241 mln euros vs Reuters poll avg 200 mln * Cuts sales outlook, affirms operating profit target * Shares gain 4 pct on hopes of ... [Published Sharenet - May 15 2013]

Entities: ThyssenKrupp AG, Steel, Writedowns

First reported May 15 2013 - Updated May 16 2013 - 2 reports

ArcelorMittal Temirtau’s hot rolled flat steel shipments down 43% in Jan-Apr

Tags: Kazakhstan , CIS , ArcelorMittal , production , steelmaking , Dnepropetrovsk | similar articles »ArcelorMittal Temirtau, the largest metallurgical enterprise in Kazakhstan, has stated that in May it plans to ship around 100,000-105,000 mt of hot ... [Published SteelOrbis - May 16 2013]

Entities: Temirtau (Kazakhstan), ArcelorMittal SA, Steel

First reported May 16 2013 - Updated May 16 2013 - 1 reports

ArcelorMittal Receives “Buy” Rating from Grupo Santander (MT)

Grupo Santander reaffirmed their buy rating on shares of ArcelorMittal (EPA: MT) in a research note released on Monday morning, Stock Ratings Network.com reports. They currently have a €14.20 ($18.44) price target on the stock.Several other analysts have ... [Published The Utah People's Post - May 16 2013]

Entities: ArcelorMittal SA, Grupo Santander, Stocks, RBC Capital Markets, Société Générale SA

First reported May 13 2013 - Updated May 13 2013 - 5 reports

Europe's Fragile Competition Quest, From QE To Bangladeshi Pay

Any leading politician in Europe, today, has a "competitivity" speech ready at the touch of the Talk button. Europe's CNN-lookalike business TV channels have almost daily "great debates" on how to make Europe competitive. Against what and who? More than ... [Published Market Oracle - May 13 2013]

Entities: Lakshmi Mittal, Steel, ArcelorMittal SA, China

First reported May 13 2013 - Updated May 13 2013 - 5 reports

ArcelorMittal Reports First Quarter Loss But Maintains Full Year Projections

ArcelorMittal (NYSE:MT) released its first quarter earnings on May 10. The company reported revenues of $19.7 billion down 13% from $22.7 billion in Q1 2012. Accordingly, the closely watched EBITDA figure fell 26% year-over-year to $1.57 billion. The ... [Published Trefis - May 13 2013]

Entities: ArcelorMittal SA, Steel, Iron Ore, EBITDA

Quotes

Abhishek Poddar, partner at AT Kearney Ltd says: "Globally the steel industry has seen a drop in demand over the past couple of years. And the steel industry in Europe has been stagnant." In fact the largest steelmaker in the world ArcelorMittal, which has a large presence in Europe, has also seen rough times...

What Tata Steel Europe can learn from JLR [Published Economic Times - 14 mins ago]

"If you start to put such a tax or duty on scrap, how far are you from putting it on steel? We are against protective duties because they deteriorate the free trade and gives the right to other people to do so."

Tata Steel favours EU funds to soften impact of plant closures [Published Yahoo! UK and Ireland - May 17 2013]

"However strong words from the Association of Mineworkers and Construction Union (Amcu), in relation to the recent retrenchment announcements from Amplats, questions the sustainability of today’s move within the platinum sector as a coordinated strike action appears imminent" he said

JSE ends flat as gold shares sell off; platinums make good gains [Published BDlive - May 17 2013]

...A total of 17 operations were performed on the blast furnace. "In April we accomplished a category two overhaul repair of blast furnace number seven. During this period, the furnace remained idle for four weeks (19 days of repairs and seven of commissioning operations). We were using only two blast furnaces in this period, but this did not affect our production performance in April" , said Paramjit Kahlon, ArcelorMittal Kryvyi Rih chief operating officer...

Repair of blast furnace in record time - ArcelorMittal Kryvyi Rih [Published Stahleisen Communications - May 17 2013]

More Content

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What Tata Steel Europe can learn from JLR [Published Economic Times - 14 mins ago]
Zoning restrictions threaten reopening of coke ... [Published Pittsburgh Tribune Review - 1 hour ago]
ArcelorMittal : First quarter 2013 results (Arc... [Published WorldRegInfo - May 17 2013]
No steely resolve on D-Street [Published Financial Chronicle - May 17 2013]
Tata Steel favours EU funds to soften impact of... [Published Yahoo! UK and Ireland - May 17 2013]
JSE ends flat as gold shares sell off; platinum... [Published BDlive - May 17 2013]
ArcelorMittal Kryvyi Rih completes blast furnac... [Published SteelOrbis - May 17 2013]
Repair of blast furnace in record time - Arcelo... [Published Stahleisen Communications - May 17 2013]
Cliffs Natural Resources Inc (CLF): How High Is... [Published InsiderMonkey.com - May 17 2013]
Anish Kapoor Show: Wax And Mirrors In Berlin [Published KL.FM 96.7 - May 17 2013]
US markets set for strong open following yester... [Published TD Ameritrade - May 17 2013]
Sanofi, French Government at Odds Over Fate of ... [Published Washington Post - May 17 2013]
Steel Price Under Tremendous Pressure In Europe [Published Seeking Alpha - May 17 2013]
Voestalpine CEO sees steel prices remaining und... [Published Steel Guru - May 17 2013]
Manufacturers rely on African markets [Published IOL - May 17 2013]
Strong SA, Zimbabwe sales boost PPC results [Published BDlive - May 17 2013]
Dealmaker: Michal Berkner [Published Legal Week - May 17 2013]
Do You Have Nerves of Steel? [Published Motley Fool - May 16 2013]
Who says cars can’t grow on trees? — experts tr... [Published Oman Observer - May 16 2013]
ArcelorMittal Kryvyi Rih repairs blast furnace ... [Published Noodls - May 16 2013]
Tata Steel: Goodwill hunting [Published The Economist - Business - May 16 2013]
Canadian venture capital up 55% as buyout deals... [Published AltAssets.net - May 16 2013]
BNP Paribas AGM: stop funding coal! [Published BankTrack - May 16 2013]
UPDATE 2-Miner NWR looks to cut operations afte... [Published London South East - May 16 2013]
Rehwinkel Elected AISI Chairman [Published Equities.com - May 16 2013]
UPDATE 1-Most steelmakers oppose subsidies - in... [Published Reuters UK - May 16 2013]
Indians can make a 'Great Britain', says UK pol... [Published Deccan Chronicle - May 16 2013]
ArcelorMittal Kryvyi Rih crude steel output up ... [Published Steel Guru - May 16 2013]
Canada's Buyout-Private Equity & Venture Capita... [Published Canada NewsWire - May 16 2013]
Agellis receives order for 380 KEuro from a Eur... [Published CisionWire - English - May 16 2013]

Blogs

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Arcelor Mittal (MT) Showing Bearish Technicals ... [Published MarketIntelligenceCenter.com - May 14 2013] Arcelor Mittal (NYSE: MT) closed Monday's trading session at $12.91. In the past year, the stock has hit a 52-week low of $11.15 and 52-week high of $17.99. Arcelor Mittal (MT) stock has been showing support around $12.76 and resistance in the $13.18 ...
Goodwill Hunting [Published Schumpeter - The Economist - May 14 2013] GOODWILL write-offs are confusing. When they happen, the managers of firms insist they do not matter. Goodwill is the excess paid for an asset over its book value. Writing it down is a mere accounting adjustment, bosses tend to say. Yet those same bosses ...
ArcelorMittal Posts 1Q Loss, Reaffirms Outlook ... [Published EquityJungle - v0.1 - May 13 2013] Steel bellwether ArcelorMittal (MT) posted a net loss of $0.3 billion or 21 cents per share in the first quarter of 2013 compared with a net income of $92 million or 6 cents per share a year ago. Analysts polled by Zacks were expecting earnings of 7 cents ...
World’s Largest Steelmaker Calls for EU Trade W... [Published Economy Watch - May 13 2013] Speaking to the Financial Times, Mittal accused Chinese producers of overproducing despite weak market demand, lowering the price of the metal globally.Lakshimi Mittal, owner of the world’s largest steelmaker ArcelorMittal, has urged Europe to erect trade ...
World's Largest Steelmaker Urges Europe To Decl... [Published Zero Hedge - May 13 2013] Currency wars are so pre-QE eternity. At least that is the opinion of Indian multi-billionaire Lakshmi Mittal, and owner of the world's biggest steelmaker, who urged Europe to embrace protectionism and erect trade barriers to "protect" its manufacturers ...

Audio/Video

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Yen Tanks, While Japan Buys Bonds [Published TheStreet.com - YouTube - May 10 2013]
ArcelorMittal investors … steel yourself - Star... [Published Reuters Video: Top News - May 10 2013]
ArcelorMittal investors … steel yourself - Star... [Published Reuters Video: Business - May 10 2013]
Belgium protesters block border crossing [Published Al Jazeera - YouTube - Mar 08 2013]
Trade of the Day - ArcelorMittal SA [Published ABN Digital - Video - Feb 08 2013]

Press Releases

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Agellis receives order for 380 KEuro from a Eur... [Published CisionWire - English - May 16 2013]
Sonoco Announces New Supplier Sustainability Aw... [Published PR Newswire: Environment - May 08 2013]
India's Dayamani Barla selected for Ellen L. Lu... [Published PR Newswire - Apr 30 2013]
Leading the Way: Diezani Alison-Madueke, Mamphe... [Published PR Newswire - Apr 25 2013]
World Seamless Pipes & Tubes Market Examined in... [Published Business Wire - Apr 19 2013]