Joint Ventures, Certifications, Agreements, and New Technologies that Project Reliability and Profitability - Research Report on Arcelor Mittal, Tenaris, Mechel, POSCO, and AK Steel Holding Editor Note: For more information about this release, please scroll to bottom. PR Newswire NEW YORK, June 14, 2013 NEW YORK, June 14, 2013 /PRNewswire/ -- Today, Wall Street Reports announced new research reports highlighting Arcelor Mittal (NYSE: MT), Tenaris SA (NYSE: TS), Mechel OAO (NYSE: MTL), POSCO (NYSE: PKX), and AK Steel Holding Corporation (NYSE: AKS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. ArcelorMittal Research Report On May 30, 2013, ArcelorMittal announced the completion of the previously announced investment by a consortium led by POSCO and China Steel Corporation to acquire a 15% joint venture interest in ArcelorMittal's Labrador Trough iron ore mining and infrastructure assets in Quebec, Canada for US$1.1 billion. The consortium completed its investment by acquiring a 3.95% interest in the joint venture for total consideration of US$290 million in cash, increasing its interest in the joint venture to 15%, with ArcelorMittal's wholly-owned subsidiary ArcelorMittal Mines Canada retaining an 85% interest in the joint venture. The Full Research Report on Arcelor Mittal - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/6fd8_MT] -- Tenaris SA Research Report On June 5, 2013, Tenaris SA (Tenaris) held a customer demonstration to showcase its Dopeless technology in Aberdeen, United Kingdom on April 30, 2013 and May 1, 2013. During the practical demonstration, Tenaris field service specialists performed multiple make-and-breaks of TenarisHydril Blue Dopeless connections in P110 and Tenaris proprietary steel grade TN 110 Cr13S. Dopeless technology proved its reliability and galling resistance as well as demonstrated reduced running times. The Company reported that by improving the quality of the make-up and nearly eliminating typical re-make ups, the technology enhances rig-time efficiency. Also, Tenaris said that the dope-free solution allows faster installation with time savings in the order of 25%. Dopeless technology is a dry, multifunctional coating applied at Tenaris mills in a fully automated process. In this process, the controlled industrial environment ensures that the exact amount of lubricant is applied to each joint, making thread compounds obsolete. The Company stated that in a follow-up survey of the demonstration, all the attendees concluded they would consider using Dopeless technology in their operations. The Full Research Report on Tenaris SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/4b8b_TS] -- Mechel OAO Research Report On June 5, 2013, Mechel OAO (Mechel) announced that it has signed a coking coal supply agreement with China's Shasteel Group. According to the signed agreement, Mechel Carbon (Singapore), trading subsidiary of Mechel OAO's mining division, will directly supply Shasteel Group with 40,000 to 80,000 tonnes of coking coal a month from Russian Far East ports, starting from June 2013. "Considering the current high market volatility, it is particularly important to us to have guaranteed sales of our products to the world's major steelmakers. Long-term contracts with giants such as Shasteel enable us to provide our production facilities with a stable load and diversify our markets, thus consolidating our status as a leading global coal exporter," said Boris Nikishichev, Mechel Mining Management Company OOO's Chief Executive Officer. The Full Research Report on Mechel OAO - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/4f99_MTL] -- POSCO Research Report On May 31, 2013, POSCO announced that it has signed a `Voluntary Execution of Results Sharing and Shared Growth Investment Fund Contribution Agreement` with the Ministry of Trade, Industry & Energy and the Large-Medium Company Cooperation Foundation on May 23, 2013. With the agreement, the number of companies participating in the voluntary execution of results sharing increased from 7 POSCO family companies to 15, and large-medium company shared growth investment funds increased from the existing (South Korean Won) KRW160 billion to KRW210 billion, expanding opportunities to support technology capability development and compensate results of cooperating companies. Chung Joonyang, Chief Executive Officer of POSCO, said, "By continuously developing shared growth examples, I would like to spread the warmth of shared growth and realize a society where everyone is happy and offer warm companionship." The Full Research Report on POSCO - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/519a_PKX] -- AK Steel Holding Corporation Research Report On May 24, 2013, AK Steel Holding Corporation's (AK Steel) subsidiary, AK Tube LLC, has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene. "We are honored to be recognized by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene, an achievement that speaks volumes about our culture of safety at AK Steel," said James L. Wainscott, Chairman, President and Chief Executive Officer of AK Steel. The Walbridge plant of AK Tube received the "100% Award for Safety" for operating the entire year of 2012 without any lost-time injuries or illnesses. The recognition marks the fifth time that the plant has received this award. The Full Research Report on AK Steel Holding Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/bebf_AKS] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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Joint Ventures, Certifications, Agreements, and New Technologies that Project Reliability and Profitability - Research Report on
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