What is the relationaship btw ACL and MT?

[#1]

or where can I find out? I have tried. Anyone Puleease

[janne]

I kept statistical data for the both for some time this year, off www.stockcharts.com, EOD. On average the ratio is: MT price x exchange rate x 0.38=ACL price on JSE (EOD next day). Is that what you are looking for? I found though that the statistical data did not help my trading, instead it confuses your analysis and makes you to lose out. There obviously are too many other interfering factors in the MT/ACL picture. KISS principle is better in this case(keep it simple stupid).

[StanleyB]

MT is the NYSE listing for ARCELOR MITTAL the parent company of ARCELOR MITTAL South Africa one of the smaller subsidaries. It is also listed on major european exchanges - do not know which is primary. There is no link between ACL & MT share prices. During past month ACL has trended sharply down while MT has trended up

[jack12]

Mitta1 owns about 15 to 20 steel works in the world. I dont think the branches would affect the HO as that is a form of index for their global operations. Maybe if you follow the Indian (main works) Factory?