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Bullboard - Stock Discussion Forum
ArcelorMittal ADR
AMSYF
Primary Symbol:
MT
Steel
Steel
ArcelorMittal SA is a Luxembourg-based holding company. The Company, via its subsidiaries, owns and operates steel, iron ore manufacturing and coal mining facilities in Europe, North and South America, Asia, and Africa. The Company is organized in five operating segments: NAFTA; Brazil; Europe; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA, Brazil, Europe, and ACIS...
segments produce flat, long, and tubular products including slabs, hot-rolled coil, cold-rolled coil, coated steel products, among others. The Mining segment provides steel operations and comprises all mines owned by the Company in the Americas, Europe, Africa, and countries of the Commonwealth of Independent States (CIS).
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Bullboard (NYSE:MT)
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DJYellow
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Post by
DJYellow
on Mar 24, 2016 12:35pm
Poised to double in 2016 from current price of $4/share
Arcelor Mittal, once valued at $80/share is positioned to double in 2016, as China productions starts to slow down and demand continues to increase. The overall mining/steel market will rebound
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marpincan
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marpincan
on Mar 22, 2016 11:22am
China's Steel production soon to drop
China's Steel Sector Struggles To Service Its Debts Mar. 22, 2016 8:51 AM ET | Includes: CHN, CN, CXSE, FCA, FXI, FXP, GCH, GXC, JFC, MCHI, PGJ, TDF, XPP, YANG, YAO, YINN, YXI
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marpincan
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marpincan
on Mar 22, 2016 7:59am
Run up in Iron Ore continuing
On top of this you have $30 per ton north american increase, anti dumping dutties inposed in most of MT's markets, and a program to lower costs and consolidate operations with minimal inpact on
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marpincan
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marpincan
on Dec 21, 2015 8:42pm
Citi report on Iron Ore
As MT is one of the biggest Iron ore producers this report does bear some relavence to it. Most of MT's ore goes to its own operations and so it is not part of the sea born trade and not mentioned
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marpincan
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Post by
marpincan
on Dec 07, 2015 8:46am
Chinese mills on the ropes
Chinese steel mills sell iron ore at a loss Source: Agencies | December 5, 2015, Saturday | Print Edition Trucks drive inside an iron ore dump site at the Huanggang Terminal in Qingdao
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