Arcelormittal Yet To Agree On Interim Iron Deal

Arcelormittal Yet To Agree On Interim Iron Deal

ALLAN SECCOMBE Resources Editor - ArcelorMittal

2012-8-8  no pressure to conclude an agree- ment. Iron-ore prices have come under pressure, with prices hovering at about $130 a ton, well off the highs it reached last year. ArcelorMittal had gone into the talks wanting a lower price than that in the last agreement. [email protected] ALLAN SECCOMBE Resources Editor Kumba, Mittal yet to agree on ore price

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arcelormittalsa

2011-6-6  Mittal, SIOC agree to extend interim iron-ore deal by a year been perceived asan "evergreen" arrangement in eitrly 2010, The miner argued that Mittal was no longer entitled to the favourable supply terms. owing to its failure to convert a 21.4%, undivided interest in the Sishen minc from South Africa-s Old. order mineral rights regime to

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Kumba and ArcelorMittal agree to an interim iron-ore ...

2010-7-23  Kumba and ArcelorMittal agree to an interim iron-ore pricing deal Chris Griffith clarifies the deal with ArcelorMittal and gives an outlook for the second half of the year. 23 Jul 2010 01:39

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MARK ALLIX Industrial Correspondent Sishen, Mittal

2012-12-14  SISHEN Iron Ore Company and ArcelorMittal SA have agreed on the further supply of iron ore from the Sishen mine when the existing ageement between the two com- panies expires. The new interim pricing agree- ment is for one year from January 1, which matches previous contracts. But Trade and Industry Minister, Rob Davies, said yesterday the deal

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News Updates 2012 - ArcelorMittal South Africa

2012-12-14  2012-08-24 - Kumba, ArcelorMittal extend interim supply deal 2012-08-24 - Kumba Iron Ore ArcelorMittal supply deal extended 2012-08-24 - Kumba, Mittal agree on extension 2012-08-23 - Two SA women make it on to Forbes list 2012-08-23 - Enjoy aerial fly-in at Tiekosklip 2012-08-22 - Cycling grows in Sedibeng 2012-08-22 - Humble runner from Oakdene

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ArcelorMittal to sell $1.1-billion stake in Canadian iron ...

2013-1-2  ArcelorMittal also owns the huge Mary River iron ore project in Canada’s arctic, in which it sold a 20% stake to joint venture partner Nunavut last month. As part of the deal announced on Wednesday POSCO, China Steel and ArcelorMittal Mines Canada will enter into long-term iron ore supply agreements, ArcelorMittal said.

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Guinea iron ore prospectors set sights on ArcelorMittal ...

2019-6-5  Guinea says it is still trying to reach a deal with China to build the roughly 650 km (406 miles) of railway needed to transport the iron ore through Guinea. In the interim, the government has ...

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ArcelorMittal South Africa

ArcelorMittal South Africa has 5 main operations ie Vanderbijlpark Works, Vereeniging Works, Saldanha Works, Newcastle Works and Coke and Chemicals. Visit the official website of ArcelorMittal South Africa.

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Steel prices set to soar after iron ore deal Financial Times

The new price system will lift the cost of iron ore to Asian steelmakers to about $110-$120 a tonne during the April-June period, up between 80 and 100 per cent from the $60 level at which the ...

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Guinea iron ore prospectors set sights on ArcelorMittal ...

2019-6-7  Guinea says it is still trying to reach a deal with China to build the roughly 650 km (406 miles) of railway needed to transport the iron ore through Guinea. In the interim, the government has ...

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Guinea iron ore prospectors set sights on ArcelorMittal ...

2019-6-7  Guinea says it is still trying to reach a deal with China to build the roughly 650 km (406 miles) of railway needed to transport the iron ore through Guinea. In the interim, the government has ...

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ArcelorMittal interim results: Nku Nyembezi-Heita – CEO ...

2010-7-28  Back then the deal was that Kumba would get relatively little debt on its balance sheet, but then it would have to supply iron ore to you, as what has become ArcelorMittal, at cost-plus-3%.

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ENGINEERING NEWS 15 Nov 2013, p.14 This ... -

2013-11-15  The deal is subject to a number of con- ditions, including confirmation that Kumba's Sishen Iron Ore Company (SIOC) is indeed the sole owner of the mining rights at the Sishen mine in the Northern Cape — a matter that has been affirmed by both the Gauteng North High Court and the Supreme Court of Appeal, but which is yet to be deliberated ...

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Cleveland-Cliffs to buy U.S. assets of ArcelorMittal for ...

2020-9-28  ArcelorMittal says the deal will allow it to reward shareholders with a share buyback. Cleveland-Cliffs has agreed to buy the U.S. assets of the world's largest steelmaker ArcelorMittal SA for about US$1.4 billion in cash and shares. Photo by Cole Burston/Getty Images files. This advertisement has not loaded yet, but your article continues below.

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Brazil, ArcelorMittal Ore Price Deal Puts Heat On China ...

2009-6-22  ArcelorMittal settled an annual ore price supply contract with Vale at the same price level recently agreed by South Korean and several Japanese steelmakers. All have agreed to pay for iron ore fines at 28.2% below the 2008 reference price, with lump iron ore prices sliding 44.47%, Vale said.

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ArcelorMittal will share Liberia iron ore rail with Guinea ...

2014-1-15  ArcelorMittal will have to share the Liberian rail line it is using to export iron ore with Sable Mining and others miners in Guinea who request access, Liberia's finance minister Amara Konneh ...

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ArcelorMittal will restart blast furnace at Dunkirk Steel ...

2020-7-17  ArcelorMittal plans to restart the No. 3 blast furnace in August, with an annual crude steel production capacity of 3 million tons per year, but the exact date has not yet been set. Dunkirk (Dunkerque) has three blast furnaces with a total annual production capacity of 7 million tons, but only one is currently in operation.

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WRAPUP 4-Rio cuts iron ore price by 33 pct,China wants ...

2009-5-26  * Agree on 33 pct fines cut, 45 pct for lump * Deal shifts pressure onto China mills, seeking deeper cut * Rio shares rise, Nippon Steel softer * For related news on iron ore talks click [ID ...

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Sudan willing to agree 'conditional deal' on Ethiopia dam ...

2021-6-14  Sudan will only be willing to strike an interim deal with Ethiopia over its controversial Nile dam on conditions including an assurance of further talks, the water minister said Monday. Downstream ...

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Sudan says it is open to conditional interim deal on ...

2021-6-14  Sudan says it is open to conditional interim deal on Ethiopian Renaissance Dam Back to video Advertisement This advertisement has not loaded yet, but your article continues below.

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ENGINEERING NEWS 15 Nov 2013, p.14 This ... -

2013-11-15  The deal is subject to a number of con- ditions, including confirmation that Kumba's Sishen Iron Ore Company (SIOC) is indeed the sole owner of the mining rights at the Sishen mine in the Northern Cape — a matter that has been affirmed by both the Gauteng North High Court and the Supreme Court of Appeal, but which is yet to be deliberated ...

More

Brazil, ArcelorMittal Ore Price Deal Puts Heat On China ...

2009-6-22  ArcelorMittal settled an annual ore price supply contract with Vale at the same price level recently agreed by South Korean and several Japanese steelmakers. All have agreed to pay for iron ore fines at 28.2% below the 2008 reference price, with lump iron ore prices sliding 44.47%, Vale said.

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From Davos: Quebec cuts hydro deal with steelmaker ...

From Davos: Quebec cuts hydro deal with steelmaker ArcelorMittal. While it won't create new jobs, ArcelorMittal will invest $500M to modify installations in the Côte-Nord in exchange for a hydro ...

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ArcelorMittal interim results. Nonkululeko (‘Nku ...

2008-7-30  Update on the steel business and how she is finding the switch from cellphones to heavy metals.

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ArcelorMittal will share Liberia iron ore rail with Guinea ...

2014-1-15  ArcelorMittal will have to share the Liberian rail line it is using to export iron ore with Sable Mining and others miners in Guinea who request access, Liberia's finance minister Amara Konneh ...

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ArcelorMittal USA sold to Cleveland-Cliffs for $1.4 ...

2020-9-28  ArcelorMittal USA sold to Cleveland-Cliffs for $1.4 billion in end-of-an-era merger From the ICYMI: Here are the most-read stories from the past week series

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Norton Rose Canada grabs ArcelorMittal mandate in $1.1 ...

2013-1-9  Article content. Teams of lawyers from Norton Rose Canada’s offices in Toronto and Montreal are representing ArcelorMitttal in connection with the $1.1-billion sale of a 15% joint venture interest in ArcelorMittal’s flagship iron ore mine, located in the Labrador Trough of Quebec, together with associated rail and port infrastructure, to a consortium of investors led by Korea’s POSCO and ...

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ArcelorMittal acquisition means more consolidation ...

2020-12-1  While ArcelorMittal demanded concessions on health care and other benefits during the last round of negotiations, Cleveland-Cliffs was the first company to reach a deal with the USW during the ...

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ICT founder linked to more disputed deals - Miningmx

2010-10-10  Sehunelo, the former municipal manager of Kimberley, is the founder of ICT, which has controversially been awarded prospecting rights at Sishen, one of the world’s largest iron ore mines. ICT was later bought for R800m by ArcelorMittal as part of a proposed BEE deal that will hand over hundreds of millions to Sehunelo, Zuma’s son Duduzane ...

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WRAPUP 4-Rio cuts iron ore price by 33 pct,China wants ...

2009-5-26  * Agree on 33 pct fines cut, 45 pct for lump * Deal shifts pressure onto China mills, seeking deeper cut * Rio shares rise, Nippon Steel softer * For related news on iron ore talks click [ID ...

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