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Tag: arcelormittal
ArcelorMittal Will Move Higher Soon, These Charts Show
2016-03-29 21:02:19| Steel - Topix.net
The steel industry may not seem very exciting to investors, but steel stocks are poised for a major rally. United States Steel is perhaps the best-known name, and that stock is indeed attractive right now, but the decision support engine has identified a company with an even higher probability ranking for big gains: ArcelorMittal Above is the monthly bar chart of ArcelorMittal over the past 15 years.
ArcelorMittal tackles US$16bn debt
2016-03-17 09:50:09| Steel - Topix.net
The ArcelorMittal plant at Point Lisas, central Trinidad, is just the latest to be closed by the global steel giant in recent months. Since the latter quarter of 2015, similar scenarios have been playing out across Europe, Africa and other parts of the world where the multinational corporation has extensive industrial footprints.
Tags: debt
tackles
arcelormittal
ArcelorMittal, Whirlpool, BASF oppose FirstEnergy, AEP rate increases
2016-02-06 16:31:10| Appliances - Topix.net
The world's largest steelmaker, its largest chemical company and its largest appliance maker oppose FirstEnergy and AEP Ohio's requests to raise rates for up to eight years to subsidize operations of some of their old power plants. ArcelorMittal, which provides 3,000 Ohio jobs, the chemical giant BASF Corp., with 10 Ohio facilities, and the Whirlpool Corp. which employs 10,000 in Ohio, have each written to the Public Utilities Commission of Ohio in opposition.
Tags: rate
increases
oppose
whirlpool
ArcelorMittal slumps to $8bn loss
2016-02-05 09:23:53| BBC News | Business | UK Edition
ArcelorMittal slumps to an annual loss of almost $8bn (5.4bn) as the world's biggest steelmaker is hit by plunging commodity prices.
Tags: loss
slumps
arcelormittal
8bn
ArcelorMittal: Buy This Beaten-Down Stock
2015-10-11 03:38:18| Auto Dealers - Topix.net
Despite weakness in the steel market, MT has been able to improve its bottom line performance, indicating that it's moving in the right direction in a difficult environment. MT has a share of 16.7% in the auto market, which will be a growth driver for it due to increasing auto sales across the globe.
Tags: buy
stock
arcelormittal
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