10
Feb
10:17
ArcelorMittal boosts profit in Europe amid recovering demand
ArcelorMittal has seen a jump in its operating profits for its European business, despite lower sales, production and shipments last year. The steelmaker expects the recovery in demand to continue further in the region, Kallanish understands from its annual results.
The company outlook for 2017 in Europe is for demand to grow a further 0.5-1.5% this year, following a recovery of 1-1.5% in 2016. “Political uncertainty is expected to lead to slower but still…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous