10
Dec
00:00
ArcelorMittal shipments grow modestly in 2015, ore prices limit profitability: Fitch
Credit rating agency Fitch expects ArcelorMittal’s shipments to increase a modest 1% year-on-year in 2015 due to remaining uncertainty in the European market and less robust growth in the Americas. This should come after expected 3.6% growth in deliveries this year to 85.7 million tonnes.
The world’s largest steelmaker has improved its finances in 2014, during which steel market conditions have bottomed out, reducing debt from $22.3 billion as of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous