Armco Metals +63% on steel scrap deal with Mitsui


Armco Metals (AMCO +63.8%) pops more than 60% at the open on news that its Renewable Metals subsidiary has reached a steel scrap supply agreement with Mitsui.

AMCO will serve as Mitsui Shanghai's vendor for sourcing, processing and supplying scrap metals, and Mistui will advance payment for the joint purchase of raw materials and complete final purchase of the steel scrap upon completion of processing services.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs