CISEY
China Steel Corp. ADRGrey Market
1d
5d
1m
6m
1y
5y
10y
Advanced Chart
  • Jan. 1, 2013, 6:02 AM

    Posco (PKX) says it has agreed to acquire a stake in ArcelorMittal Mines Canada, although the South Korean company hasn't decided how big a holding it will buy or how much it will spend. Different reports said that Posco will purchase 15% for $1.1B, or that the firm will acquire the holding as part of a group that includes China Steel. In October, ArcelorMittal (MT) was reported to be considering selling 30% of the Canadian iron ore unit. (Previously)

    | Jan. 1, 2013, 6:02 AM | 3 Comments