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View Full Version : ArcelorMittal South Africa to Buy Back 10% of Shares - Bloomberg



NewsWhore
04-29-2009, 07:30 AM
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ArcelorMittal South Africa to Buy Back 10% of Shares (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Daha78GeTVLNQ%26refer%3Dafrica&cid=1342956355&ei=Jzz4SYakOZm4Mee7_IwI&usg=AFQjCNHcZpOnZ-i_hUx_L7dlzOQXzq0f_g)
Bloomberg
ArcelorMittal South Africa&#39;s steel prices may weaken after the rand-dollar exchange rate strengthened, said Hercu Aucamp, a general manager at the unit. The local currency has gained about 9 percent against the US dollar to 8.618 so far this year.


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