03
Aug
15:35
AMSA foresees stable demand after exports boost sales
ArcelorMittal South Africa (AMSA) foresees stable domestic and export sales in the third quarter, except for the typical December slowdown, with prices remaining strong. However, rand/dollar exchange rate volatility will continue to impact financial results.
This comes after AMSA increased sales in the first half of 2018 by 10% on-year to 2.37 million tonnes. While domestic sales rose 5% to 1.72mt, exports surged 26% to 651,000t. Flat steel sales rose 7% to 1.62…
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Anonymous
Very good overview of the weekly steel market.
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