EdgeWater 12/10/2010 9:23:58 AM
News / Business

Iron & Steel Stocks Trading Mixed (VALE, CLF, ArcelorMittal)

Iron & Steel Stocks Trading Mixed

Vale (ADR) (NYSE:VALE) dropped 0.68% to $33.36. The 52-week range of the stock is $23.58-$35.  

Vale S.A. is a metals and mining company. The Company is also a producer of iron ore and iron ore pellets. It also produces manganese ore, ferroalloys, bauxite, alumina and kaolin. It also produce aluminum, copper, coal, potash, cobalt, platinum group metals (PGMs) and other products.

Cliffs Natural Resources Inc (NYSE:CLF) added 1.03% to $71.91. The 52-week range of the stock is $39.13-$76.17.

Cliffs Natural Resources Inc. (Cliffs), formerly Cleveland-Cliffs Inc, is an international mining and natural resources company. The Company is a producer of iron ore pellets in North America, a supplier of direct-shipping lump and fines iron ore out of Australia, and a producer of metallurgical coal.

ArcelorMittal (ADR) (NYSE:MT) lost 0.39% to $35.46. The 52-week range of the stock is $26.28-$49.41. The stock is down more than 22% year-to-date.  

ArcelorMittal is a global steel producer. The Company has steel-making operations in 20 countries on four continents, including 65 integrated, mini-mill and integrated mini-mill steel-making facilities.

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