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06 Feb
10:24

European demand to partially recover 2019 losses: ArcelorMittal

Apparent steel demand in Europe is set to only partially recover in 2020 from the big drop registered in 2019, according to the latest outlook issued by ArcelorMittal. The company expects apparent demand to grow 1-2% year-on-year in 2020, following a contraction of over -4% in 2019. The outlook is in line with the latest forecast issued by Eurofer, expecting apparent demand to grow 1.2% this year. “Although automotive is expected to remain weak, the end of …
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