Day: March 29, 2011

ArcelorMittal ( MT ) is the largest producer of steel in the world, and not by any small margin. Still, the growing focus on lighter metals in the automobile manufacturing process could be a possible source of concern for the company. ArcelorMittal, formed in 2006 by the merger of two steel giants (Arcelor and Mittal), competes with other international steel companies like BaoSteel, Posco ( PKX ), Nippon Steel and ThyssenKrupp.

Southern Copper Corporation (USA) (NYSE:SCCO) fell 2.59% to $40.20. The stock has a 52-week range of $25.56-$50.35.

The stock has average daily volume of 1.88 million shares. At Today’s closing market price, the market capitalization of the company stands at $34.17 billion.

VANCOUVER, BC, March 29th, 2011 /CNW/ – Amato Exploration Ltd. (the “Company” or “Amato”) (TSX-V:AMT), (http://www.amatoexploration.com), today announced that it has engaged Jose M. Perez to provide Investor Relations and Corporate Communication services to the Company.

Hochschild revenues for the year to the end of December rose 39% to $752.3m.