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

ArcelorMittal SA, Kumba Negotiating Iron Ore Price Pact Extension

By Devon Maylie JOHANNESBURG--ArcelorMittal South Africa (ACL.JO) and Kumba Iron Ore Ltd. (KIO.JO), South Africa's largest iron-ore producer, both said Wednesday that they are negotiating an extension to an interim pricing agreement over the sale of iron ore, following a dispute over the Sishen mine. At the end of last year South Africa's High Court ruled that Kumba, a subsidiary of Anglo American PLC (AAL.LN), was the full owner of Sishen after a small company called Imperial Crown Trading had been awarded a lapsed stake previously owned by ArcelorMittal. The ownership is now being appealed by Imperial. Kumba used to sell iron ore, a key ingredient to make steel, to ArcelorMittal at cost plus 3%. That agreement is being disputed while the Sishen ownership issue is still going through the courts. In the interim, ArcelorMittal and Kumba agreed on an interim pricing structure, which lapsed in July. The two companies said Thursday they are currently negotiating an extension to the interim pricing agreement. Write to Devon Maylie at devon.maylie@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Mittal Steel (MT)
DateTimeHeadline
05/22/201511:08:43Report of Foreign Issuer (6-k)
05/22/201509:47:23ArcelorMittal, SAIL Enter Pact to Form Autos Steel JV in India...
05/22/201509:29:12ArcelorMittal, SAIL Enter Pact to Form Autos Steel JV in India
05/20/201517:04:56Specialized Disclosure Report (sd)
05/11/201511:40:05ArcelorMittal Issues Warning as Loss Widens
05/07/201518:05:17ADR Shares End Mixed; Alibaba, Oi Trade Actively
05/07/201515:53:37Report of Foreign Issuer (6-k)
05/07/201506:11:36ArcelorMittal Loss Widens, Warns on Profit
05/07/201506:09:12ArcelorMittal Loss Widens, Warns on Profit Amid Steel Glut
05/05/201517:06:18Report of Foreign Issuer (6-k)
05/05/201504:33:44ArcelorMittal SA Earns Overweight Rating from Analysts at Stephens...
04/30/201515:02:49Report of Foreign Issuer (6-k)
04/30/201512:09:06Report of Foreign Issuer (6-k)
04/25/201511:00:0310 Most Profitable Companies in Commodities
04/24/201510:50:40Report of Foreign Issuer (6-k)
04/10/201518:10:21Mining Companies Face Dangers From Criminal Gangs in Mexico
04/09/201514:56:23Report of Foreign Issuer (6-k)
04/07/201513:46:29Amended Report of Foreign Issuer (6-k/a)
04/03/201512:17:31Report of Foreign Issuer (6-k)
03/16/201514:12:56Report of Foreign Issuer (6-k)

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