30
Jul
15:00
AMSA foresees limited demand improvement, better coke sales
ArcelorMittal South Africa (AMSA) foresees some sales improvement in the second half of 2020 following the Covid-19 lockdown, but uncertainty and risk remain. Improved international steel prices are likely. Near-term steel demand is however seen remaining at 70-75% of levels prior to the lockdown.
The firm says its order book is strong due to backlogs created by various factors in H1, including the initial lockdown.
AMSA’s steel sales plummeted -47% on-year…
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Anonymous
Very good overview of the weekly steel market.
Anonymous