ADVFN - Advanced Financial Network.
HOME» NYSE » M » MT Stock Price » MT Stock News

Mittal Steel Share News

 Arcelor Mittal New Stock Price
MT Stock Price
 Arcelor Mittal New Stock Chart
MT Stock Chart
 Arcelor Mittal New Stock News
MT Stock News
 Arcelor Mittal New Company Information
MT Company Information
 Arcelor Mittal New Stock Trades
MT Stock Trades

SGL Carbon Secures Multi-Hundred Million Euro ArcelorMittal Contract

FRANKFURT -(Dow Jones)- German carbon fiber producer SGL Carbon SE (SGL.XE) has concluded a five year supply agreement with steel producer ArcelorMittal (MT) for graphite electrodes which an SGL spokesman said Monday is worth several hundred million euros. SGL said the contract is the biggest single contract in its history. The two companies have also agreed to cooperate in total cost of ownership activities, which will reduce costs for both parties, said SGL in a statement. ArcelorMittal board member Davinder Chugh said the cost optimisation efforts will focus on energy usage, specific electrode consumption and inventory carrying costs. Graphite electrodes are used to recycle steel scrap in electric arc furnaces. The proportion of electric arc furnaces in worldwide steel production currently stands at about 30%, according to SGL. -Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500

Stock News for Mittal Steel (MT)
DateTimeHeadline
11/21/201412:30:09EUROPE MARKETS: European Stocks Enjoy China, Draghi Economic-policy...
11/21/201411:24:49EUROPE MARKETS: European Stocks Enjoy China, Draghi Economic...
11/21/201407:24:13EUROPE MARKETS: European Stocks Rally After China Rate Cut, ECB...
11/07/201402:20:03ArcelorMittal Posts Second Consecutive Profit
10/28/201404:36:18ArcelorMittal's M&A, China, India Head Sudhir Maheshwari To Leave...
10/07/201403:35:51Linde to Build Unit to Supply Gases to ArcelorMittal Steel Plant
09/09/201411:09:04EUROPE MARKETS: Morrisons, L'Oréal: Europe's Big Stock Moves
09/09/201411:08:09EUROPE MARKETS: Morrisons, L'Oreal: Europe's Big Stock Moves
09/08/201423:06:05EUROPE MARKETS: Electrolux Rallies, U.K. Banks Slump: Europe's...
08/26/201412:47:13EUROPE MARKETS: ArcelorMittal Climbs; Antofagasta Slides: European...
08/26/201406:03:37European Stocks Pause as Investors Still Mull Draghi's Hint at...
08/25/201417:30:50French Economy Minister's Exit Reflects Divisions
08/14/201413:35:30ArcelorMittal Said to Send Letter of Intent for Ilva Steel Plant...
08/08/201419:32:21Ebola Virus Outbreak Is Public Health Emergency, World Health...
08/08/201413:10:15ArcelorMittal Contractor Moving Workers out of Liberia
08/01/201419:46:16ArcelorMittal Warns on Profit as Lower Iron-Ore Price Takes Toll--Update
08/01/201412:11:04EUROPE MARKETS: ArcelorMittal, Iliad Slump In Europe; AXA Climbs
08/01/201405:15:49ArcelorMittal Agrees to Buy Stake in Guinea's Mount Nimba Iron-Ore...
08/01/201404:13:50ArcelorMittal Warns on Profit as Lower Prices Take Toll -- Update
07/21/201416:40:37Severstal to Sell Its North American Units -- Update

Mittal Steel and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad