09
Feb
08:19
ArcelorMittal's Brazilian unit performance falls in 2022
ArcelorMittal saw its performance in Brazil drop both quarter-on-quarter and on-year in the fourth quarter, Kallanish notes.
The company says it adapted global production capacity in Q4 amid the weak apparent demand environment but estimates consumption will recover through 2023 (see separate story).
The steelmaker’s crude steel output in Brazil was 2.78 million tonnes in Q4, down 6.3% over the previous quarter and 10.7% lower compared to 3.11mt a year ear…
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Anonymous
Very good overview of the weekly steel market.
Anonymous