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11 Feb
09:03

ArcelorMittal foresees stronger 2021 Brazil steel demand

ArcelorMittal expects Brazil operations to improve performance in 2021 due to growing construction activity and better domestic flat steel demand. Brazilian apparent steel consumption is forecast to increase 6-8% this year versus 1% growth in 2020. ArcelorMittal’s Brazil unit improved performance on-quarter in the fourth quarter of 2020 but full-year output and sales fell. The Brazilian unit in this context includes flat steel, long steel and tubular operati…
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