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(CHARTPOPPERS.COM, February 10, 2010 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company ArcelorMittal (NYSE:MT)
The Consolidated Investment Analysis on ArcelorMittal (NYSE:MT) will be in particular interest to other competing companys within in its sector, such as United States Steel Corp (NYSE: X), Ternium S.A (NYSE: TX) and POSCO (NYSE: PKX)
ArcelorMittal is a global steel producer. The Company has steel-making operations in 20 countries on four continents, including 66 integrated, mini-mill and integrated mini-mill steel-making facilities. ArcelorMittal operates its business in six operating segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa and Commonwealth of Independent States (CIS) (AACIS); Stainless Steel; and Arcelor Mittal Steel Solutions and Services. ArcelorMittalÂ’s steel-making operations have a high degree of geographic diversification
Recent News on ArcelorMittal (NYSE:MT)
ArcelorMittal (MT: 39.47, 1.89, 5.03%), the world's largest steelmaker, has announced plans to restart several blast furnaces in order to meet demand and offset lost production from planned maintenance at other blast furnaces.
ArcelorMittal restarted a small blast furnace at Eisenhuettenstadt, Germany and announced plans to restart blast furnaces at its Florange and Dunkirk plants in France.
The Luxembourg-based steel maker said it "successfully restarted" a blast furnace at Eisenhuettenstadt on Feb. 4 that is able to produce about 550,000 tons of steel annually. The furnace had been closed since the last quarter of 2008.
"The restart of the blast furnace is necessary to improve our service towards internal and external clients and to meet the current demands of the market," said Thorsten Brand, chief executive of ArcelorMittal Eisenhuettenstadt.
He also said the blast furnace restart is temporary.
"[We] will be monitoring the demand situation very closely to decide how long it is possible to operate the furnace in a sustained and cost-effective manner," he said.
To view the Consolidated Investment Analysis on ArcelorMittal (NYSE:MT) Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
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For More information please visit us at www.chartpoppers.com/about/
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com
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