Previous Close | 21.26 |
Open | 21.70 |
Bid | 25.52 x 19300 |
Ask | 18.96 x 41200 |
Day's Range | 20.90 - 21.98 |
52 Week Range | 19.57 - 40.38 |
Volume | |
Avg. Volume | 451,635 |
Market Cap | 3.731B |
Beta (5Y Monthly) | 1.27 |
PE Ratio (TTM) | 2.87 |
EPS (TTM) | 7.28 |
Earnings Date | Aug 04, 2022 |
Forward Dividend & Yield | 1.20 (4.91%) |
Ex-Dividend Date | Jul 15, 2021 |
1y Target Est | 35.02 |
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ArcelorMittal (MT) acquires an 80% shareholding in Voestalpine's Hot Briquetted Iron plant valued at $1 billion.
ArcelorMittal said Thursday that it has agreed to buy a majority stake in peer Voestalpine AG's hot briquetted iron plant in Texas in the U.S., in a deal that values the operations at $1 billion.
Austrian specialty steelmaker Voestalpine is in advanced talks to sell a majority stake in its Texas plant, it said on Sunday. "In recent months, voestalpine has been conducting an open-ended market sounding to stabilize the business model of its direct reduction plant in Corpus Christi, Texas," the Austrian firm said in a statement. "As a result of this examination, voestalpine is currently in negotiations to sell 80% of its shares in voestalpine Texas."