Monthly archives: May, 2013

ArcelorMittal announces publication of 2012 annual report of ArcelorMittal Finance

Luxembourg, 30 April 2013 – ArcelorMittal announces the publication of the annual report relating to financial year 2012 of ArcelorMittal Finance S.C.A., as required by the Luxembourg Transparency Law of 11 January 2008. The report is available in the electronic database of the Luxembourg Stock Exchange (www.bourse.lu) and onwww.arcelormittal.com under “Investors > Financial reports > Finance …

Steel: the fabric of sustainable growth – ArcelorMittal publishes Corporate Responsibility Report for 2012

Luxembourg, 30 April 2013 – ArcelorMittal, the world’s leading steel and mining company, today published its 2012 Corporate Responsibility (CR) Report, Steel: the fabric of sustainable growth. Presented online for the first time, the new format offers increased levels of accessibility, interactivity and transparency. The online report is supplemented by a printed summary that includes …

Consumer climate defies economic headwinds – Findings of the GfK Consumer Climate study for Germany for April 2013

Nuremberg, 30 April 2013 – The consumer mood in Germany in April is extremely robust despite the strengthening economic headwinds. Both income expectations and willingness to buy edged marginally higher. In contrast, economic expectations fell slightly for the first time this year. Following a revised figure of 6.0 points in April, the overall indicator is …

Gold Update: Umesh Shanmugam

  But since gold has plummeted 17.5% dropping from $1600 down to $1320 per ounce with silver and gold stocks falling also they are now headline news once again. This move has caused some serious damage to the charts when looking at it from a technical analysis point of view. Below are some basic analysis …

Mechel Announces Signing Agreement with POSCO

Moscow, Russia — April 30, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its mining division’s trading subsidiary Mechel Carbon (Singapore) Pte. Ltd. has signed a three-year contract with South Korea’s POSCO corporation for supply of coking coal. The agreement, signed on April 30, 2013, stipulates …

JLL global survey reveals five risks and rewards companies face when balancing cost cutting with revenue-enhancing strategies

Corporations Looking to Real Estate Purely for Cost Cutting Face Major Financial and Operational Risks SINGAPORE, LONDON and CHICAGO, April 29, 2013 — Long a go-to for corporate cost cutting, corporate real estate has turned a corner and is becoming a solid productivity driver, with CEOs starting to reap the rewards of enhanced revenue, shareholder …