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SteelNerd

The catch-all author for posts gathered from steel companies & associations.

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Aperam spin-off approved at ArcelorMittal Extraordinary General Meeting of Shareholders

January 26, 2011

Luxembourg, 25 January 2011 – The Extraordinary General Meeting of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions on the agenda including the primary one, the spin-off of ArcelorMittal’s stainless and specialty steels b…

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ArcelorMittal and Nunavut Iron announce take-up of common shares and 2007 warrants of …

January 26, 2011

Toronto 25 January 2011 / Luxembourg 25 January 2011 – ArcelorMittal and Nunavut Iron Ore Acquisition Inc. (together the “Offerors”) today announced that they have waived the minimum tender condition under their offer (the “Offer”) to purchase all of t…

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January 22 2011

January 24, 2011

This

Week’s Raw Steel Production

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In the week ending January 22, 2011, domestic
raw steel production was 1,766,000 net tons while the capability
utilization rate was 73.0 percent. Productio…

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ArcelorMittal buys call options for 26.5 million of its shares and sells 11. …

January 22, 2011

Luxembourg, 27 December 2010 – Following the reopening of its share buy-back program for up to 6% of its issued share capital announced on 26 November 2010, ArcelorMittal acquired on 18 December 2010 US dollar-denominated call options on 26,533,997 of …

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ArcelorMittal Extends Offer for Baffinland Iron Mines Corporation to January 10, 2011

January 22, 2011

Toronto, 29 December 2010 (11 pm EST) / Luxembourg, 30 December 2010 (5 am CET) – ArcelorMittal today announced that it has extended the time for acceptance of its offer (the “Offer”) to purchase all of Baffinland Iron Mines Corporation’s (“Baffinland”…

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ArcelorMittal Increases Its Offer Price for all Common Shares of Baffinland Iron Mines …

January 22, 2011

Increased Offer Price of C$1.40 in Cash per Common Share for 100 per cent of the Common Shares
Revised Offer Price is a 27% Premium to ArcelorMittal’s Original Offer Price and a 150% Premium to the Trading Price of Baffinland Shares prior to Nunavut’s…

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