(EMAILWIRE.COM, March 17, 2010 ) Dallas, Tx - United States Steel Corporation (NYSE:X) went up 2.97% to $62.49 on 14.76 million shares. The company announced the pricing of its public offering of $600,000,000 aggregate principal amount of 7.375 % Senior Notes due 2020. The Notes were priced at 99.125% of the principal amount.
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Vale (ADR) (NYSE:VALE) soared 2.35% to $30.87 on 26.23 million shares. So far the stock is up over 67% in the last one year of trading sessions.
Cliffs Natural Resources Inc (NYSE:CLF) gained 4.94% to $66.27 on 8.84 million shares. Deutsche Bank reiterates a 'Buy' rating on Cliffs Natural Resources and raised the price target to $85.
ArcelorMittal (ADR) (NYSE:MT) surged 3.56% to $43.59 on 6.44 million shares. The company announced that it has signed a memorandum of understanding with its Turkish partner, Dayen, to establish a joint venture, which would build a steel mill with electric furnace in Sulaimaniyah in Northern Iraq.
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