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
04/02/201412:41:19EUROPE MARKETS: European Stocks Extend Win Streak To Seven Sessions
04/02/201409:11:10EUROPE MARKETS: European Stocks Edge Up After Six-session Win...
03/10/201412:50:09ArcelorMittal Says Ukraine Crisis Hit Steel Demand
03/10/201412:27:31Correction to Story on ArcelorMittal Ukraine Domestic Steel Demand
03/10/201412:18:56ArcelorMittal Says Ukraine Crisis Has Hit Domestic Steel Demand
03/10/201409:57:40ArcelorMittal Reaffirms Targets, Buoyed by Steel Demand in Developed...
02/12/201409:52:53ArcelorMittal, Evrim Sign Mexican Iron Ore Exploration Pact
02/07/201417:15:18ADR Shares End Higher; Gafisa, Statoil Shares Active
02/07/201412:17:26EUROPE MARKETS: European Stocks Move Higher After U.S. Jobs Data
02/07/201405:01:11EUROPE MARKETS: European Stocks Climb Ahead Of U.S. Nonfarm Data
02/07/201404:54:45EUROPE MARKETS: European Stocks Climb Ahead U.S. Nonfarm Data
02/07/201404:51:05ArcelorMittal Expects Slower Growth in Chinese Steel Demand
02/05/201412:18:36EUROPE MARKETS: European Stocks Break Three-day Losing Streak
02/05/201411:19:29EUROPE MARKETS: European Stocks Poised To Break String Of Losses
02/05/201409:46:05EUROPE MARKETS: European Stocks Set To Break Three-day Losing...
01/29/201410:25:25Salzgitter JV Wins Steel Order From South Stream Gas Pipeline
01/21/201408:14:18ArcelorMittal Buys Back Expensive Hybrid Debt
01/16/201403:39:12SKF Gets Order From ArcelorMittal Bremen
12/23/201306:47:25Enel and ArcelorMittal Abandon Romanian Nuclear Project
12/12/201306:18:45South Africa Constitutional Court Backs Kumba Over Sishen Mine

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