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Bullboard - Stock Discussion Forum ArcelorMittal ADR AMSYF


Primary Symbol: MT

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... see more

NYSE:MT - Post Discussion

ArcelorMittal ADR > Run up in Iron Ore continuing
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Post by 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 capacity.

https://www.afr.com/business/mining/iron-ore/iron-ore-rises-23-amid-china-property-sector-revival-20160321-gnnspo
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