21
Jul
11:32
AMSA foresees economic challenges, increases first-half earnings
ArcelorMittal South Africa (AMSA) foresees challenges for commodities markets and steel demand in the next 12-18 months, amid the highest level of inflation seen for decades across many parts of the world, Kallanish notes.
"Inflationary pressures are expected to continue at least through 2022. In China, the world’s largest steelmaker, plants are being idled to reduce high inventories and address weak orders,” AMSA says in a stock exchang…
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Anonymous
Very good overview of the weekly steel market.
Anonymous