Iron Investing News » Arcelor Mittal declared that it is not purchasing Iron Ore on Spot Markets

Arcelor Mittal declared that it is not purchasing Iron Ore on Spot Markets

July 29, 2009 @ 6:09 am In Iron Company News

ArcelorMittal, the world's biggest steelmaker, declared that it was not purchasing any iron ore on a spot basis and all its ore purchases were based on traditional contracts.

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[1] here: http://in.reuters.com/article/domesticNews/idINLT48454320090729