|Bid||36.03 x 1100|
|Ask||47.50 x 800|
|Day's Range||45.42 - 46.44|
|52 Week Range||41.40 - 79.87|
|Beta (5Y Monthly)||1.04|
|PE Ratio (TTM)||2.58|
|Forward Dividend & Yield||3.59 (7.81%)|
|Ex-Dividend Date||Sep 29, 2021|
|1y Target Est||N/A|
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ArcelorMittal SA has signed a binding agreement to buy Brazilian steelmaker Companhia Siderurgica do Pecem (CSP) from Vale SA and its other key stakeholders, Vale said in a securities filing Thursday. The deal has an enterprise value of $2.2 billion, according to the filing, and would see Vale sell its 50% stake in CSP, alongside the 30% stake owned by Dongkuk Steel Mill Co Ltd and Posco Holding Inc's 20% stake.
Indonesia's Krakatau Steel and South Korea's POSCO Holdings have agreed to invest $3.5 billion to expand their production capacity in the Southeast Asian country, the companies said on Thursday. Under the deal, the companies agreed to increase production capacity of KRAKATAU POSCO to 10 million tonnes per year for upstream and downstream products, Krakatau said in a statement.
South Korean steelmaker Posco will by 2030 invest $136 million in a plant in the Mexican town of Ramos Arizpe in the northern border state of Coahuila, Mexico's foreign ministry said on Tuesday. Posco will start construction on the plant on Wednesday, with an initial price tag of $43 million, the ministry said in a statement. Posco told its plans to Mexican Foreign Minister Marcelo Ebrard, who is visiting South Korea, the ministry said.