07
Nov
10:35
ArcelorMittal lowers 2019 consumption guidance, says spreads 'unsustainable'
ArcelorMittal has lowered its global apparent steel consumption growth guidance to 0.5-1% on-year for 2019 from the previous 0.5-1.5% forecast. At -3%, Europe will register the steepest contraction, but Russian and Chinese guidance has been revised up. ArcelorMittal’s shipments are consequently expected to remain stable this year compared to the previous forecast of growth.
ArcelorMittal’s steel shipments fell -1.7% on-year in the third quarter to 20…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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