09
Jun
11:27
Ilva industrial plan incorporates plummeting steel consumption: sources
ArcelorMittal expects global steel consumption to drop -7% as a result of the Covid-19 pandemic, with particularly southern European consumption impacted for longer than expected. So say sources who have read the new industrial plan for the former Italian steelmaker Ilva, now ArcelorMittal Italia. By contrast, steel demand fell -8% after the 2008/09 financial crisis.
The new industrial plan for 2020-2025 has been reviewed and adapted to the current crisis from the…
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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