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29 Jul
10:17

ArcelorMittal raises outlook for 2021 Europe demand

ArcelorMittal has further improved its outlook for European steel demand, as the market continued performing strongly during the second quarter. The group now expects regional demand to recover 13-15% year-on-year in full year 2021. The previous forecast was for 7.5-9.5% growth, Kallanish notes. “Looking forward, we see the demand outlook further improving into the second half and have therefore upgraded our steel consumption forecasts for the year,” …
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